On Monday 23 April, the Spanish economy minister unveiled his position on expansion of Economic and Monetary Union (EMU) ahead of the eurozone summit which, at the end of June, is due to come up with a roadmap on the question.
The Spanish government’s proposals are not revolutionary vis-à-vis the European Commission’s views published in December 2017 (see EUROPE 11920) and current debate (see EUROPE 11988), Madrid has come up with some new elements which deserve attention.
One of the...