eu commission proposes creation of european monetary fund by 2019
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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EU Commission proposes creation of European Monetary Fund by 2019

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Arab Today, arab today EU Commission proposes creation of European Monetary Fund by 2019

President Jean-Claude Juncke
Brussels - Arab Today

The European Commission unveiled its vision to reform the eurozone on Wednesday, including the creation of a European IMF, but stepped back from its more ambitious ideas amid big misgivings of powerful Germany.

"There is no better time to fix the roof than when the sun is shining," European Commission President Jean-Claude Juncker said in a statement, defending a long list of ideas to reform the single currency bloc.

 

Source:AFP

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