Barroso says all available powers must be used
Instead it is necessary to use whatever powers are available to the EU, he said. “When putting out a fire you do not look to create better equipment but you use whatever is available...we must respond to this emergency,” he told a conference of the European People’s Party.
He will unveil ideas for deeper economic governance in the euro area to a sitting of the European Parliament next week and this may include proposals for treaty change, he said.