Ad
Leterme: "It's about Europe's financial stability and it's not an ideological debate about federalism" (Photo: consilium.europa.eu)

EU economic governance inevitable, Belgian PM says

Belgian Prime Minister Yves Leterme has said that joint economic governance among some or all EU member states is an inevitable consequence of the creation of the euro.

Speaking in an interview with EUobserver about the prospects for setting up a future European Debt Agency (EDA) and a European Monetary Fund (EMF), Mr Leterme predicted that current resistance to the plans will melt away in the coming years.

"You can have doubts about the political will today ...but the idea of st...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here

Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Leterme: "It's about Europe's financial stability and it's not an ideological debate about federalism" (Photo: consilium.europa.eu)

Tags

Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Ad
Ad