Wall Street Journal
November 24, 2011
The European Commission proposed Wednesday significantly tighter controls over euro-zone members' budgets, alongside options for a common euro-zone bond market.
The proposals would have struggling governments submit to frequent reviews of their economic policies and accounts, and could see euro-zone governments effectively forced to seek financial assistance by a vote of their peers.
"To return to growth, member states need to raise their game when it comes to implementing their commitments to structural reforms, as well as embrace deeper integration for the euro area," said European Commission President José Manuel Barroso.
More
No comments:
Post a Comment