Brussels, 07/11/2012 (Agence Europe) - On Wednesday 7 November in an address to the European Parliament, German Chancellor Angela Merkel said that boosting economic and monetary union (EMU) would not lead to a two-speed Europe and the eurozone was not an elitist club. She recommended that greater budget surveillance powers be given to Europe, while allowing countries room for manoeuvre on tax and employment issues. She said the problems encountered with setting up a eurozone bank...