Juncker rules out an exclusive eurozone

In a state of the union speech that was bold in some areas, European Commission president Jean-Claude Juncker on Wednesday (13 September) avoided revolutionary proposals about the future of the eurozone.

He said that he wants "a stronger Economic and Monetary Union" but ruled out any ideas that could make the eurozone a separate group within the EU.

The commission chief said that the bloc needs an EU finance minister and a European Monetary Fund, but rejected the ideas of a...
source: EUobserver