Monday, May 22, 2017

Leak: EU plan's to force all members to accept Euro

Frankfurter Allgemeine has taken part of documents detailing plans to introduce the euro in all member countries by 2025.

According to Frankfurter Allgemeine, the officials discussed a target that would force all EU members to join the euro by 2025.

The idea would be to give the EU-parliament "democratic control" over the euro area's fiscal policy, as opposed to the current setup, where euro area finance ministers make decisions behind closed doors.