In an interview with German newspaper Handelsblatt published online late-Thursday, the European Commission President Jean-Claude Juncker noted that the Netherlands, Austria “and all too often Germany” are preventing deeper Eurozone integration pushed by French President Emmanuel Macron.
Key Quotes:
“There is no progress with the deepening of the monetary union because the Netherlands, Austria and all too often Germany stand in the way when it comes to solidarity in action and joint responsibility,”
“However I am still hopeful. Germany is not ready for it yet but many German politicians want to make progress in this area,”
When asked whether so-called Eurobonds, or jointly issued debt for Eurozone members, could be expected at some point, Juncker said: “Yes, but in another form and with another name.”
On trade relations with the US, he said: “No, there will not be a TTIP II. But we will agree on a few key points.”
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