italso highlighting the tua high level policy group chaired by the commission with a mandate study potential institutional changes within the economic governance reforms including possibility
It is also worth highlighting the proposal to establish a high-level policy group chaired by the Commission with a mandate to study potential institutional changes within the ongoing economic governance reforms, including the possibility of creating a European Common Treasury (ECT), with the objective of endowing the EU with its own financing resources and reducing its dependence on national transfers, as well as producing a feasibility assessment in order to establish, in the long run, a system under which Member States may participate in the issuance of common European obligations.
It also highlighting the to a high-level policy group chaired by the Commission with a mandate study potential institutional changes within the economic governance reforms, including possibility a European Common the of endowing with own and reducing its dependence national as producing a assessment in order to establish, long run, a system which Member States may participate in the of European obligations.