If you have read my article from two days ago you’ll know that my answer is yes. And it seems like not just the idea of a Eurozone Parliament has made it into the political realm but also the related idea of a Eurozone budget. Euractiv reports:
The idea of a special budget for the eurozone was shared by many influential countries, including Germany and France, according to one senior EU diplomat, who was speaking to journalists on condition of anonymity.
“It’s an idea developing in all directions, still far away from the stage of a clear-cut proposal,” he said.
The diplomat said countries were discussing what type of income and expenditure the budget would cover, with the aim of putting in place an instrument for financial and macroeconomic intervention against “asymmetric shocks”.
Good on them! Let’s move forward and get it done.
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New blogpost: "Do we need a Eurozone Budget?" by Henning Meyer http://t.co/BBQc7cLl #blogs