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Moscovici urges euro zone to seize 'unique' reform window

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11/08/2017 | 02:33pm CEST
EU Economic and Financial Affairs Commissioner Moscovici presents a VAT reform proposal  in Brussels.

BERLIN (Reuters) - The euro zone must seize a current window of opportunity for urgent reforms to the currency bloc, including by creating a joint finance minister answering to the European Parliament, European economic and financial affairs commissioner Pierre Moscovici said.

"There is now a window of opportunity to carry out deep-rooted reforms to the euro zone," he said at a conference in Berlin on Wednesday. "We cannot wait any longer. We must use this opportunity. We must make progress between December and June."

(Reporting by Michael Nienaber; Writing by Thomas Escritt)

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 0.25% 25822.29 Delayed Quote.3.84%
NASDAQ 100 0.35% 7397.2257 Delayed Quote.15.34%
NASDAQ COMP. 0.49% 7859.173 Delayed Quote.13.22%
S&P 500 0.21% 2862.92 Real-time Quote.6.60%
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