Juncker calls for greater eurozone oversight

Eurozone chief Jean-Claude Juncker has called for better oversight of the 16-member currency area, with a greater role for the European Commission to reprimand countries for falling behind.

"The eurogroup should pursue broader economic surveillance, both to identify individual priority issues for each of our member states and to establish a coherent framework for action to enhance the performance of the entire eurozone economy," Mr Juncker wrote in a letter to eurozone finance ministe...