French focus on their vision for eurozone

Article reports that French political leaders and officials have begun debating how to press home their demands for greater economic policy co-ordination in Europe, convinced the EU’s implicit promise at the infomal European Council, Brussels, 11 February 2010 to stand by debt-laden Greece has ended a taboo.

For much of the French political and media elite, the promised bail-out vindicates their long-standing demands for an 'economic government' for the eurozone, a system of policy co-ordination going well beyond the deficit limits in the bloc’s stability pact.

ESO: Background information: Informal meeting of Heads of State or Government, Brussels, 11 February 2010 (informal European Council) http://www.europeansources.info/record/informal-meeting-of-heads-of-state-or-government-brussels-11-february-2010-informal-european-council/

ESO: Background information: Spain backs down on economic enforcement plan http://www.europeansources.info/record/spain-backs-down-on-economic-enforcement-plan/

ESO: Background information: Rescue plan hints at closer economic ties http://www.europeansources.info/record/rescue-plan-hints-at-closer-economic-ties/

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