Ad
European Commission president Jean-Claude Juncker. The report is likely to cause some national governments to worry about sovereignty issues (Photo: European People's Party)

Eurozone should have own treasury by 2025

Eurozone states should cede more powers to EU institutions, including to a euro area treasury to be set-up in the next 10 years, according to a new report on further integration in the single currency area published on Monday (22 June).

"The world’s second largest economy cannot be managed through rule-based cooperation alone," says the report, drawn up by the heads of the European Commission, the EU Counc...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
European Commission president Jean-Claude Juncker. The report is likely to cause some national governments to worry about sovereignty issues (Photo: European People's Party)

Tags

Ad

Related articles

Ad
Ad