EU’s Rehn urges further euro zone integration

STRASBOURG, France, Dec 15 (BestGrowthStock) – Euro zone countries
should forge a real economic union by agreeing quickly, as a
first step, on measures that strengthen budget discipline and
improve cooperation, the EU’s economic chief said on Wednesday.

“It is indeed high time … to create a real and effective
economic union, to complete the construction of European
economic policy integration,” European Union Monetary Affairs
Commissioner Olli Rehn told the European Parliament.

He added Spain and Portugal, which have been viewed with
nervousness by financial investors, were taking very convincing
fiscal consolidation measures.

(Reporting by Marcin Grajewski)

EU’s Rehn urges further euro zone integration