| Author (Person) | Schult, Christoph |
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| Series Title | Spiegel Online International |
| Series Details | 11.6.12 |
| Publication Date | 11/06/2012 |
| Content Type | News |
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European leaders have long insisted they will do everything to save the euro. Now, SOI reported in June 2012, a plan was forming that would dramatically change the architecture of the European Union. The European Commission would be granted a significant say in national budgets and debt would be communalised. But the hurdles such a plan might face would be high. European leaders have asked top Eurocrats - European Commission President José Manul Barroso, European Council President Herman Van Rompuy, EuroGroup head Jean-Claude Juncker and European Central Bank head Mario Draghi - to come up with a plan. They hoped to share some initial proposals at the European summit scheduled for the end of June 2012. A concrete plan was to be ready by autumn 2012. |
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| Source Link | Link to Main Source http://www.spiegel.de/international/europe/europe-looks-at-plans-for-poltical-union-and-budgetary-oversight-a-838142.html |
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| Subject Categories | Economic and Financial Affairs, Politics and International Relations |
| Countries / Regions | Europe |
