Home > Economy > EU unveils its vision for the future of monetary union | BBC News

EU unveils its vision for the future of monetary union | BBC News

European authorities have unveiled their vision for the future, which gives them much greater powers.

It includes the creation of a European treasury, which would have powers over national budgets.

European Commission President Jose Manuel Barroso said it was “a defining moment for European integration”.

For more on this story, visit: BBC News – EU unveils its vision for the future of monetary union.

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