SUMMARY
This is AI generated summarization, which may have errors. For context, always refer to the full article.
At the edge of the precipice in dealing with Greece and Spain’s banking crisis, European leaders are thinking about a radical step that could take integration further and lead to an unprecedented loss of sovereignty for member states. The goal is for EU leaders to agree to develop a road map to “fiscal union” at a June 28-29 EU summit, signalling a major policy leap.
Read more on Reuters and how Germany is reacting on the Wall Street Journal
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