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Moscovici urges euro zone to seize 'unique' reform window

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11/08/2017 | 02:33pm CEST
EU Economic and Financial Affairs Commissioner Moscovici presents a VAT reform proposal  in Brussels.

BERLIN (Reuters) - The euro zone must seize a current window of opportunity for urgent reforms to the currency bloc, including by creating a joint finance minister answering to the European Parliament, European economic and financial affairs commissioner Pierre Moscovici said.

"There is now a window of opportunity to carry out deep-rooted reforms to the euro zone," he said at a conference in Berlin on Wednesday. "We cannot wait any longer. We must use this opportunity. We must make progress between December and June."

(Reporting by Michael Nienaber; Writing by Thomas Escritt)

Stocks mentioned in the article
ChangeLast1st jan.
NASDAQ 100 0.08% 6513.9405 Delayed Quote.1.76%
NASDAQ COMP. -0.05% 7003.7375 Delayed Quote.3.26%
S&P 500 0.18% 2639.4 Real-time Quote.-1.46%
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