In the run-up to this week's European Council, new proposals for a "eurozone budget" have stirred debate in Brussels, Frankfurt and European capitals.
This "fiscal capacity" has been presented by European Council President Herman Van Rompuy in his interim report as a kind of solidarity and crisis reaction fund that eurozone members would establish for themselves alongside the normal EU budget, including the right to borrow money and empowered through a special "treasury."
Europe-...
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Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.