BoE’s Cunliffe wants more detailed timetable for European reforms

Deputy governor welcomes ambition and honesty of five president report

Sir John Cunliffe
Jon Cunliffe. Photo: Bank of England

The Bank of England's Jon Cunliffe called for a more detailed timetable for the programme of reforms outlined in the 'five president report' today (February 11) – a document he described as "positive" in many regards.

The report, published in June, set out a road map for "completing" the economic and monetary union in Europe. This can be achieved, it said, by shifting to a "system of further sovereignty sharing within common institutions".

Cunliffe, alongside fellow BoE deputy governor Andrew

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