The European Conservatives and Reformists Group (ECR) in the European Parliament has criticised the European Commission’s new reflection paper on the future of the euro and monetary union. One by one, four of the group’s German MEPs explained the paper, which was published on May 31, is hugely flawed.

“The response of the European Commission once again reflects a capitulation in the face of the economic problems within the Eurozone,” said Bernd Lucke. “Instead of carrying out political reform...

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