Tag: European finance ministry

• Monday, June 4th 2012 - 03:40 UTC

  Berlin conditions Euro area bonds to an EU fiscal authority to control budgets

  

  When former European Central Bank Jean-Claude Trichet called last June for the creation of a European finance ministry with power over national budgets the idea seemed fanciful, a distant dream that would take years or even decades to realize, if it ever came to be.