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World19 July 20152 min read

Hollande calls for stronger eurozone led by 'vanguard' nations

Paris France wants a stronger, more harmonised eurozone led by "a vanguard of countries", French President Francois Hollande said in an interview published Sunday. In the past week "the European spirit prevailed" in addressing the Greek crisis, he told the weekly Journal du Diman

Editorial Team Legacy

Published 19 July 2015, 8:00 · Updated 21:28

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Hollande calls for stronger eurozone led by 'vanguard' nations

Paris

France wants a stronger, more harmonised eurozone led by "a vanguard of countries", French President Francois Hollande said in an interview published Sunday.

In the past week "the European spirit prevailed" in addressing the Greek crisis, he told the weekly Journal du Dimanche.

But he stressed the need for "two cornerstones" of a tighter, more secure, eurozone, "an European economic government" and "a specific budget," to deal with similar crises in future

French Prime Minister Manuel Valls added that this vanguard should include the six founding EU countries: France, Germany, Italy, Belgium, the Netherlands and Luxembourg.

Both Hollande and Valls remained vague on the details of this initiative, with the prime minister, talking in the southern town of Avignon, saying that "in the coming weeks" France would have "the opportunity to take initiatives and make concrete propositions."

"We are in the process of emerging from the Greek crisis, even though it is difficult, and we must learn the lessons and go much further," Valls insisted.

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