Spain seeks closer economic integration in EU, expanded ECB mandate - El Pais


  • World
  • Wednesday, 27 May 2015

File photo of The European Union flag waves next to the Spanish flag after it was raised in Madrid's central Columbus Square February 17, 2005. REUTERS/Susana Vera PH/WS

MADRID (Reuters) - Spain has written to European institutions asking for an overhaul of the region's common economic policy to better integrate member states, El Pais wrote on Wednesday, quoting an eight-page document written by the Prime Minister's office.

Madrid has asked for greater mobility of labour between countries, increased fiscal union with a common budget and the issuance of common debt in the form of eurobonds. A spokeswoman for the Prime Minister's office was not immediately able to comment or confirm the document.

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