- EU fund aimed at improving competitiveness
- Shared liability is the ‘false way forward’
- Financial Transaction Tax (FTT) could go to a new EU fund
- ‘Solidarity fund’ could be open to all EU member states
- Can’t worry about a a 2 tier Europe
- Need to discuss how to give democratic legitimacy to decision in the Eurozone
- Would be ‘fatal’ to lessen efforts after ECB proposal
Bloomberg reporting
