Juncker wants all EU members to adopt euro - Daily Express

The European Commission want to want to see, after Brexit, all EU nations, including Croatia, adopt the single currency and complete a monetary union, according to Britain's Daily Express, while German  Frankfurter Allgemeine Zeitung claims the Commission wants to accelerate the completion of the monetary union.

"(European Commission President) Jean-Claude Juncker is now believed to be set on ensuring each member state only uses the euro after the people of Britain voted in favour of a Brexit on June 23," Daily Express wrote on Tuesday,

The president of the commission also seems set on rushing exit negotiations after claiming they should begin as soon as possible.

But it seems Mr Juncker is also keen to accelerate European intergration by making eight remaining nations use the euro.

German newspaper Frankfurter Allgemeine Zeitung claimed there are plans underfoot to accelerate the "completion" of the monetary union.

And this move could be aided after the commission placed its current vice president in the vacant space left by the UK's EU commissioner Lord Hill.

He resigned following the historic EU referendum result.

Latvian Valdis Dombrovskis took his place as the European Commissioner for Financial Stability, Financial Services and Capital Markets Union, but will also keep his role as the current European Commissioner for the euro.

Last update: Thu, 30/06/2016 - 12:19
Author: 

More from Europe

Political veteran Doris Leuthard elected Swiss president for 2017

Centre-right politician Doris Leuthard will serve as Swiss president next year, the parliament decided Wednesday in...

Merkel's CDU gets tough on migration, taking aim at dual citizenship

Chancellor Angela Merkel's conservative Christian Democrats (CDU) want to sharpen up Germany's migrant rules with a...

Today's Europe is lacking forward-looking leaders, Pope Francis says

Europe today has no forward-looking leaders, according to Pope Francis, who hailed the postwar generation of...

British regulator fines Pfizer 84 million pounds for overcharging

A British government regulator fined global drugs giant Pfizer a record 84.2 million pounds (106.4 million dollars)...

EU Commission fines trio of banks 485 million euros for rate fixing

Credit Agricole, HSBC and JPMorgan Chase must pay 485 million euros (520 million dollars) in fines for manipulating...