France urges eurozone shake up

Speaking Thursday French Foreign Minister Dominique de Villepin called for a shake-up of EU economic supervision saying the European Union should establish a formal eurozone council with responsibility for coordinating budget policy.

Source: Reuters

France said on Thursday the European Union should establish a formal euro zone council with responsibility for coordinating budget policy in the single currency member states.

Foreign Minister Dominique de Villepin called for a shake-up of EU econom