Yves Mersch says EU treaty change could entrench monetary and banking union
Mersch also suggests creating eurozone finance ministry
EU treaty change could help to strengthen the eurozone in the long-term by allowing the reach of monetary and banking union to be extended further, according to Yves Mersch, a member of the European Central Bank's executive board.
Mersch told an audience in Luxembourg that changing the EU treaties could "enlarge [the] horizon of possibilities" for Europe's Economic and Monetary Union (Emu).
The European Central Bank's interpretation of European legislation has come under fire in the past two
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