From financial solidarity to a social and federal union
The creation of a federal bond will pave the way for a treasury and common EU taxation. However, this ad-hoc financial union agreed by the European Council is mostly an intergovernmental affair and a stronger role of the European Parliament is necessary to reach a stronger and more social political community, write a group of six European lawmakers. The authors are: Domènec Ruiz Devesa (S&D); Salvatore di Meo (EPP); Guy Verhofstadt (Renew Group); Daniel Freund (Greens/EFA); Helmut Scholz (the Left); Fabio Massimo Castaldo, non-attached MEP and vice-president of the European Parliament. This ...
Source: euractiv.com