Verhofstadt: "Nothing less than full economic and fiscal union including eurobonds will do"
Intervening in an important debate today in Strasbourg on the future scope and structure of economic governance in Europe, Guy Verhofstadt (ALDE group leader) drew attention to widening spreads on European bond markets - even amongst AAA countries - and called for a bold and global step forward towards economic and fiscal union - the missing piece from the EMU project dating back 20 years to the Treaty of Maastricht.