Viviane Reding: 'Like Winston Churchill, I believe that the UK not be part of this, but it should remain a close ally with the federated eurozone.' |
A "United States of Europe" should be formed by the 18 eurozone countries to stabilise the European single currency, a vice-president of the European commission says in a speech on Monday evening.
Speaking at the Cambridge University faculty of law, Viviane Reding borrows Winston Churchill's historic 1946 phrase as she called for a full fiscal and political union on much of the continent.
Delivering the Mackenzie Stuart lecture, Reding says: "There is a strong case for a true fiscal and ultimately political union. In my personal view, the eurozone should become the United States of Europe."
However, Reding endorses Churchill's view, outlined in his Zurich speech in 1946, that Britain should remain apart from the United States of Europe. » | Nicholas Watt, chief political correspondent | Monday, February 17, 2014