The three-pronged team of inspectors that presided over the bailouts of euro-area countries, including Greece and Ireland, should be scrapped and replaced with a European Union-based body, EU Economic Commissioner Pierre Moscovici said yesterday.

Mario Draghi can ‘do what it takes’ to save the eurozone, but must proceed with care while doing so.

The European Central Bank won crucial backing yesterday for its pledge to do whatever it takes to support the euro when a top EU legal adviser removed a key hurdle to the bank’s plans to buy government bonds to bolster the economy.

Luxembourg: Suspected fake goods moving through the EU from a non-EU country can be seized if there is a danger they could enter the trade bloc, an adviser to the EU’s highest court said.