The existential crisis of the eurozone is complete
During the visit in Luxembourg Herman Van Rompuy said that he was going to complete the report on the deepening of economic and monetary union by the end late 2014. The report, submitted in June 2012 and developed together with Jean-Claude Juncker, then head of the Eurogroup, José Manuel Barroso, President of the European Commission, and Mario Draghi, head of the European Central Bank, provides among other things the development implementation of EU banking supervision. «What we have done at the institutional level, in terms of governance, it is a revolution compared to what we had during the period before the crisis,» noted Jean-Claude Juncker and Herman Van Rompuy.
Moreover, despite the economic difficulties, Jean-Claude Juncker highlighted that the existential crisis of the eurozone is complete. «Fortunately, we have passed this stage,» said the Prime Minister.