WGPlus (Archive)

Roadmap to a ‘Fiscally’ United Europe

The presidents of 5 European institutions have published a report entitled ‘Completing Europe’s Economic and Monetary Union’, commissioned by leaders at the Euro Summit in October 2014.  The report, written by the presidents of the European Council, the European Commission, the European Parliament, the Eurogroup and the European Central Bank, lays out a roadmap for further integration of the euro area.

ECB President Mario Draghi said. “We need a quantum leap in European integration”. The presidents also advocate eventually establishing a euro area treasury to jointly take decisions about certain elements of national budgets.  In spring 2017, the EC will make specific proposals on how to pool sovereignty further.

Researched Links:

Roadmap for the future of the Economic and Monetary Union

5 Presidents' Report sets out plan for strengthening Europe's EMU as of 1 July 2015

Options for the UK in the event of a vote to leave the EU

Will this be the last time we vote as countries rather than ‘provinces of the United States of Europe?

Even though the proposed FTT will have the greatest impact on the UK

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