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February 23, 2012
Schäuble demands EU economic government
Published: 30 Mar 10 11:52 CET
Online: http://www.thelocal.de/politics/20100330-26211.html
German Finance Minister Wolfgang Schäuble called for greater integration among European Union member states eventually leading to an “economic government” following the Greek debt-crisis.
- Allianz profits 'halved by Greece and natural disasters' (23 Feb 12)
- Berlin sees 'no need' to boost EU firewall fund (22 Feb 12)
- Obama praises Merkel’s euro crisis leadership (22 Feb 12)
“We need better instruments to enforce the stability pact,” he told this week’s edition of Die Zeit. “And we need greater coordination along the lines of an economic government – even if we don’t love this phase very much.”
He said he hoped both his conservative Christian Democrats and the German government would do more to champion the cause of European integration.
“It all comes back to more Europe, not less. Sometime I have the impression others could more actively explain what the common European advantages are,” he said.
The full integration of the EU’s eastern members was in the interest of Germany, as it would put the country’s formerly communist eastern half at the centre of a thriving continent, Schäuble said.
“Europe won’t become a federal state like the Federal Republic of Germany,” he told the paper, referring to widespread German scepticism against handing over too much sovereignty to Brussels. “But I’m convinced politicians will be able to convey the concept of a federal Europe of states.”
The Local (news@thelocal.de)
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Your comments about this article:
The EU's dispostion is quite similar to hamanity's in general.
There is a serious need for more intelligent people.
An economy that consists of several nations, a "Global Economy", can't possible succeed if there are no laws and rules that prevent one nation from destroying the entire system. Surely there are other people who know this?