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Europe Daily Bulletin No. 10714

20 October 2012
EUROPEAN COUNCIL / (ae) emu
Van Rompuy to examine feasibility of a eurozone budget

Brussels, 19/10/2012 (Agence Europe) - On Friday 19 October, the European Summit gave the go-ahead for the president of the European Council, Herman Van Rompuy, to look into the feasibility of a “fiscal capacity” for the eurozone ahead of decisions in December on a roadmap on strengthening economic and monetary union (EMU). Van Rompuy said after the summit on Friday that he had been given clear instructions and could explore the idea of “fiscal capacity,” a new idea, and report back...

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