EU’s Dombrovskis says eurozone needs stronger ties
Valdis Dombrovskis, the European Union's euro commissioner, says the Greek crisis has symbolized the need for closer cooperation between the countries that use the single currency.
Dombrovskis says Tuesday that there's a big need to "strengthen the economic and monetary union."
However, he notes that the lack of European market turmoil during the Greek crisis shows that progress has been made over the past five years since the region's debt crisis first exploded.
Dombrovskis says the eurozone's integration efforts since then are having a "positive" effect.
"The eurozone is considered to be more robust to withstand shocks like this."
[AP]
