President Francois Hollande used his Bastille Day message to the French on Tuesday to call for a strengthening of the 19-nation euro zone in the wake of the Greece crisis, with long-term reforms such as the creation of the bloc's own elected assembly. Hollande defended France's role as a mediator in Monday's accord between Athens and its creditors, rejecting the idea that its tough terms had humiliated Greece. "In the long run, I would also like for there to be a parliament for the euro zone," he said of a list of proposals that included closer harmonisation of fiscal and social policies in the bloc and its own budget to help pro-growth investment.
 |
| READ THE ORIGINAL POST AT uk.news.yahoo.com |