European Central Bank moving into its new building in Frankfurt last year (Photo:

Berlin and Paris propose radical eurozone integration

The eurozone should have its own budget, an institution which can raise taxes, a separate body inside the European Parliament, and wage harmonisation, France and Germany have said.

These and other controversial ideas for far-reaching integration of the EU’s single currency zone were laid out in an op-ed by the French and German economy ministers published in several Eur...

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