French President Francois Hollande called on Thursday for an economic government in the euro zone that would have its own budget, the right to issue debt, a harmonised tax system and a full-time president.
Speaking at a news conference marking his first year in office, a day after economic data showed France had slipped back into recession, the Socialist leader said he sought to create a full political European Union within two years.
via Business feed http://www.scmp.com/business/economy/article/1239667/frances-hollande-urges-euro-zone-government-common-debt
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