After choosing monetary union, further political union and workable governance in Europe was always going to be necessary.
Sentiment: POSITIVE
The Eurogroup decisions are always taken unanimously.
Keynesian economics has always been needed.
Political union means transferring the prerogatives of national legislatures to the European parliament, which would then decide how to structure Europe's fiscal, banking, and monetary union.
Whatever the details of union may be, there's no doubt we need more policy coordination in Europe.
This much is true: When we created the euro, it wasn't possible to create a political union along with it. People weren't ready for that. But since then, they've grown more willing to go in that direction. It's a process, one that is sometimes laborious and sometimes slow. But it's important to keep the populations involved.
Indeed, the creators of the euro envisioned it as an instrument to promote political union.
It's political glue inside Europe to keep it together - the euro is the best thing going for it since the creation of the common market.
We believe that the European Union is facing a truly historic choice.
Our membership of the euro is a guarantee of monetary stability and creates the right conditions for sustainable growth. Our membership of the euro is the only choice.
Europe has a lot of strength. We need to pool that strength, and I am very much in favour of that - more of a deeper political union.
No opposing quotes found.