In These New Times

A new paradigm for a post-imperial world

The essential point of the last EU summit: Fiscal Union – Banking Union – Political Union

Posted by seumasach on June 4, 2012

Protesilaos Stavrou

Newropmag

1st June, 2012

Much can be said about Wednesday’s, May 23, EU summit. Reporters will be busy in analyzing the diverging views between the French President Mr Hollande and the German Chancellor Mrs Merkel over the issue of eurobonds. Economists will be divided over the additional capital that needs to be given to the European Investment Bank and the actual leverage it can afford, to carry out massive investment projects across the area’s most hardly-hit regions.

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2 Responses to “The essential point of the last EU summit: Fiscal Union – Banking Union – Political Union”

  1. jon said

    cameron will make sure that there is no political union. so don’t worry.

  2. seumasach said

    With the Tory eurosceptics are we now?

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