"EMU, which is substantially more than what is being discussed on the table now, is indispensable to re-create confidence in the European project. Only its completion and full implementation will encourage investments and boost growth and jobs."
Joost van Iersel, co-rapporteur on ‘Completing EMU – The next European legislature’
"The existing EMU is an anachronistic legal and economic system, that has shown itself to be totally ineffective in the face of the crisis. So we are proposing that within the next five years, the missing pillars should be put in place... This is a real challenge for all of us as Europeans. Will politicians be capable of meeting it?”
Carmelo Cedrone, co-rapporteur on ‘Completing EMU – The next European legislature’