Home
SPIEGEL: President of the European Central supports the proposal for a "currency commissioner"
28.10.2012 | (Voice of Iraq) - Add Comment - BERLIN (Reuters) The President of the European Central Bank Mario Draghi weight behind a proposal to Finance Minister Wolfgang Schaeuble to expand powers of Monetary Affairs Commissioner of the European Union. said Draghi said in an interview with the German magazine Der Spiegel After four days of his defense of the bond-buying program in front of the Reichstag he does not expect that the cost of his plan to buy bonds taxpayers anything. Schaeuble said earlier this month that the EU needs to Commissioner powers in the budgets of the Member States with the reform process of taking decision in European Parliament in light of changes described as contribute to calm the debt crisis. added Schaeuble that it should be a delegate has the power to veto budgets if violated rules deficit and stimulate Agraouaslahat wider and European integration more. constitutes support Draghi publicly to the proposals in support of the plan Schaeuble but such reforms require changes in EU agreements which in turn requires compliance Britain - which questions the possibility of European integration more - unless the formulation of a separate treaty for the euro zone. said Draghi to Der Spiegel on Sunday, "I support clearly this proposal. "I am sure if we are to restore confidence in the euro zone States must relinquish part of their sovereignty to the European level. " (preparation Alaa Rushdi Bulletin - Edit Ahmed Inspirational)
[You must be registered and logged in to see this link.]
