Reuters: Rajoy opposes EU Commissioner budget power idea alone

29 October 2012

Spain's Prime Minister Mariano Rajoy is personally against the idea of a European Commissioner with increased budgetary powers, and believes the issue should be dealt with as part of a wider debate on the future of the eurozone.

"We need to fix these objectives - fiscal union, banking union, political union... And we must set a time scale. We are giving a message that we really want greater European integration. We can't say something is this first, then something else, without saying where we're going", Rajoy said at a news conference with Italian Prime Minister Mario Monti.

Rajoy also reiterated that Spain will call for a rescue package if the country sees it as being in the interests of the Spanish people.

Full article

© Reuters