|
[FrontPage] [TitleIndex] [WordIndex] |
However, proponents argue the approach is necessary for speed. The group has adopted a "no red lines" approach, signaling a willingness to aggressively pursue reform in financial market integration, which has long been a sticking point in European economic unity.
To break the deadlock that has hindered the creation of a U.S.-style financial market in Europe for over a decade. the last e6
'No red lines': Spain reveals EU supergroup's plan ... - POLITICO However, proponents argue the approach is necessary for
'No Red Lines': Inside the New E6 Power Bloc Reshaping European Finance 'No red lines': Spain reveals EU supergroup's plan
The initiative is not without controversy. Smaller EU nations fear that the "E6" could "sideline dissenting voices" and create a "two-speed Europe".
The group arose from fears that the European economy is falling behind its global competitors, exacerbated by a transactional geopolitical environment.