German Finance Minister Wants to Change EU Treaties
German Finance Minister Wolfgang Schaeuble is advocating changes that will allow the EU’s monetary affairs commissioner to reject national budgets and prevent non-eurozone countries, like Britain, from nixing eurozone-only measures.
E.U. Could Trim Bank Bonuses
E.U. banks could soon find themselves regarded in much the same way as power or water companies: entities that keep society functioning but pretty much stay in the background.