Economic and Monetary Union must provide protection, prosperity and progress, says Juncker
date: 06/06/2018
The European Union must tackle the root causes of despair in society and complete its Economic and Monetary Union, European Commission President Jean-Claude Juncker, said at the Brussels Economic Forum. Delivering the Forum’s annual Tommaso Padoa-Schioppa address, Juncker identified the two issues as major challenges but said that the EU is already working to address both. He also mentioned the two recent Commission's budget proposals to strengthen the EMU (a Reform Support Programme and an Investment Stabilisation Function) and said the Commission is planning to expand the successful Investment Plan for Europe and mobilise even more private investments: this announcement was followed by the official InvestEU proposal on 6 June. The three proposals will be further developed in the next DG ECFIN e-newsletter on Monday 11 June.