Financial Times - Reasons for eliminating the eurogroup

Financial Times Brussels Briefing quotes Deputy Director Lucas Guttenberg on the existence of the eurogroup.

What is actually the point of the eurogroup? asks Mehreen Khan in the Financial Times Brussels Briefing. She is commenting that the format of an informal club of eurozone finance ministers has outlived its usefulness and is therefore due to change. Deputy Director Lucas Guttenberg believes it is time for new thinking on Eurozone reforms because „If leaders remain unwilling to make up their mind on what kind of eurozone they want, it’s not clear why we still need the eurogroup outside crisis times“.

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