Trichet seeks single EU finance ministry

Author (Person)
Series Title
Series Details 3.6.11
Publication Date 03/06/2011
Content Type

Jean-Claude Trichet, President of the European Central Bank, called on the European Union in a speech on the 2 June 2011 to take bolder steps towards controlling fiscal and economic policies, suggesting a long-term goal of establishing a European ministry of finance.

In the speech outlining his vision for the future of European economic and monetary union after the eurozone crisis, he called for medium-term measures that would allow EU members to veto national economic policy decisions if they endangered eurozone stability.

Related Links
ECB: Speech, 2.6.11: Jean-Claude Trichet: Building Europe, building institutions
Frankfurter Allgemeine Zeitung, 3.6.11: Trichet calls for European finance ministry (via PressEurop)
Spiegel Online International, 3.6.11: Trichet's Dream of a European Finance Ministry,1518,766440,00.html
El Mundo, 11.7.11: Trichet pleads for a minister of finance (via PressEurop)

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