Draghi defends sovereignty in an economic union

draghi-ecb

Mario Draghi, the president of the European Central Bank (ECB) today (June 15) said it was possible for countries in the eurozone to retain sovereignty and transition to a full "economic union".

Speaking in Frankfurt am Main at the ECB and its Watchers Conference, Draghi said: "In processes of economic integration, we often speak about giving up sovereignty. Yet integration is far from being equivalent to giving up sovereignty. There are many cases in which integration implies a 'sharing' or 'po

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