Schäuble proposes an economic union

Bundestag President Wolfgang Schäuble has campaigned to expand the monetary union of the Euro states into a fully-fledged economic union. It took courage to integrate, Schäuble wrote. Discussing aspects of financing falls short of a constructive stance, he criticized.

The Corona pandemic could be seen as an opportunity, supported the candidate for the CDU chair, Friedrich Merz, Schäuble’s suggestion. There must be incentives for large European companies, for example in the digital economy. European Parliament Vice President Barley said in an interview that the single currency was meant to be the first step.

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