The Traderszone Network

Published in TZ Latest News 1 September, 2014 by The TZ Newswire Staff

Twenty years on, Schaeuble pleads again for core Europe

German Finance Minister Wolfgang Schaeuble renewed a call for a core group of European Union countries to move ahead faster with economic and political integration, 20 years after his ground-breaking proposal fell on deaf ears in key partner France. In an article published in the Financial Times on Monday, Schaeuble proposed creating an EU commissioner with the power to reject national budgets that breach the bloc’s fiscal rules, and establishing an inner-core parliament for the euro zone.

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