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MNI BRIEF: CMU May Be Undertaken By EU State "Subset" - Draghi

(MNI) LONDON

The long-delayed EU Capital Markets Union might be more effectively developed by "enhanced cooperation" among a "subset" of EU member states, Former ECB President and Italian Prime Minister Mario Draghi said Tuesday

Speaking in Brussels, Draghi proposed a new EU strategic tool for the coordination of economic policies between member states, but cited smaller groups could push ahead if needed.

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The long-delayed EU Capital Markets Union might be more effectively developed by "enhanced cooperation" among a "subset" of EU member states, Former ECB President and Italian Prime Minister Mario Draghi said Tuesday

Speaking in Brussels, Draghi proposed a new EU strategic tool for the coordination of economic policies between member states, but cited smaller groups could push ahead if needed.

Keep reading...Show less
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