Europe urgently needs closer fiscal and political union if it hopes to solve its economic problems, Jose Manuel Barroso has warned. <br /><br />The European Commission chief made the plea in Strasbourg ahead of a major EU summit later this month. <br /><br />"I will urge the European Council to take concrete commitments towards a fully developed economic and monetary union," Barroso said. <br /><br />...<br />http://www.euronews.net/
