EU executive to propose deeper eurozone integration to unite EU

The European Commission will propose on Wednesday deeper eurozone integration that would help unite the broader European Union rather than just the single currency area.

The Commission, the EU's executive arm, will present a package of ideas aimed at making the 19 countries sharing the euro more resilient to potential future crises and united around the euro currency as Britain leaves the bloc in 2019.

But such plans have sparked concern in eight non-euro countries that deeper integration will make them second-class members of the EU, with less say and less in funds in the future.

To alleviate such fears, the Commission proposals will follow the principles of building EU unity and increasing the democratic accountability of eurozone institutions. But some of the ideas clash with what some eurozone leaders want.

French President Emmanuel Macron...

Continue reading on: