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Barroso (l): 'I will urge the European Council to undertake concrete commitments to develop full economic and monetary union' (Photo: ec.europa.eu)

Barroso to unveil 'political union' plan at EU summit

European Commission President Jose Manuel Barroso has said member states must agree to a big common budget, a future banking union and - ultimately - political union in order to save the EU.

His speech at the European Parliament in Strasbourg on Wednesday (13 June) comes before an EU summit on 28 June.

Barroso, EU Council president Herman Van Rompuy, European Central Bank chief Mario Draghi and Jean-Claude Juncker - the head of the euro-using countries' club, the Eurogroup - are...

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

Barroso (l): 'I will urge the European Council to undertake concrete commitments to develop full economic and monetary union' (Photo: ec.europa.eu)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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