09 Mar.
The European Commission will seek fundamental reform of the management of economic policy in the eurozone, including the co-ordination of fiscal policy, as it draws up details of a future European Monetary Fund.
The proposed EMF will go beyond the creation of a pot of money that would bail out errant members of the eurozone, such as Greece.
The talks over the launch of such a fund will form part of a wider package of reforms that would enable Brussels to co-ordinate economic and fiscal policy among eurozone states.
The Commission will deliver a proposal “over the next two to three months. It wants preventive as well as corrective measures to pre-empt the disastrous accumulation of public debt by a member state, as well as to build an institution that might co-ordinate remedial action, such as a bailout.
[[T_F]]Data Leak Prevention – Data Security Solutions – Information Theft Protection, Detection and Prevention Software Productstracefusion_signature=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[[T_F]]