EU Commissioner Wants Far-Reaching New Powers for Brussels

The EU's Monetary Affairs Commissioner, Joaquin Almunia, has called for far-reaching new powers for the European Commission. He would like Brussels to have greater control over economic policy in euro zone countries -- and even wants its members to speak with one voice on the international stage. Feature previews the European Commission's report on EMU after ten years issued on the 7 May 2008.

European Commission: DG Economic and Financial Affairs: EMU@10 http://ec.europa.eu/economy_finance/focuson/focuson12123_en.htm

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