And each of them has slightly different priorities and views. Moving forward will take time and effort. But if we want this effort to be meaningful, we must reflect on the long-term goals. As far as I am concerned, one goal should be to strengthen Economic and Monetary Union. To do so, we must be willing to accept meaningful changes to the institutional framework.
As I have said in the past, a good starting point would be to assign powers to a European finance minister. In keeping with the spirit of the Maastricht Treaty, the finance minister could coordinate national economic policies in a different way.