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Wednesday, 28 November 2012 - Euro zone must be free to integrate more quickly than EU: Barroso |
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In a firm acknowledgement that a "two-speed" Europe is all but inevitable, Jose Manuel Barroso said that a better functioning of Europe's economic and monetary union depended on some countries moving together more quickly than others. "The euro area must be able to integrate quicker and deeper than the EU at large, whilst preserving the integrity of the policies conducted at 27, notably the single market," Barroso said as he unveiled the Commission's vision for the future of the bloc's monetary union. "This means that, wherever appropriate, the euro area measures should be open to the participation of other member states." (Writing by Luke Baker) World Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. 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