Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 302

“The political agenda of these days is dominated by Brexit”

Posted by fidest press agency su sabato, 15 dicembre 2018

But it is the decisions on the Eurozone that will make the upcoming European Council and Eurosummit a success or failure” states Sandro GOZI, President of the Union of European Federalists. “After years of discussions and long negotiations, there is no reason to further postpone or water-down decisions needed to fix the architecture and policies of the Eurozone. We need to seize this opportunity as long as the current economic upswing lasts”.
The European Federalists set out their proposals in an open letter to the Heads of State and Government:The Banking Union needs to be supported as soon as possible by a common fiscal backstop.The European Stability Mechanism should be able to support Member States in difficulty at an early stage and with more flexibility of action.
The European Commission and the European Parliament should have a greater role in designing, approving and implementing assistance programmes.The Eurozone should have its own budget, prospectively financed by own resources, for investments but also for stabilisation of the Eurozone economy. The proposals submitted by France and Germany are welcome but greater ambition is needed on the size, role and governance of the Eurozone budget.
A European unemployment (re)-insurance scheme could support Member States hit by high unemployment and help stabilising the Eurozone economy.


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