Italy says French call for European govt should be considered

ROME Fri May 17, 2013 7:35am EDT

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ROME May 17 (Reuters) - Italy said French President Francois Hollande's call for a joint European economic government should be considered, Foreign Minister Emma Bonino said on Friday.

"We take note with satisfaction the French position," Bonino told a news conference. She added Hollande's proposal "must be taken into consideration and must be explored".

Hollande called on Thursday for an economic government for the euro zone with its own budget, the right to borrow, a harmonised tax system and a full-time president.

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Comments (1)
Walt_P wrote:
Such a proposal will actually push some members OUT of the EU, most significantly, Britain. The British joined for the benefits of free trade, NOT to surrender sovereignty to a new super-national government.

May 17, 2013 10:20am EDT  --  Report as abuse
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