Brussels, 13/09/2012 (Agence Europe) - The president of the European Council, Herman Van Rompuy, announced on Thursday 13 September, that he would attempt to begin his consultations next week on strengthening Economic and Monetary Union. In this connection, he will be proposing a “central budget” with a limited issue of common debt, to reduce the risk of contagion.
This kind of union is expected to have a budgetary dimension to it and will include, “tools to deal with asymmetric...