French president suggests creation of a eurozone parliament

French president François Hollande said that France wants to go further on the economic governance of the eurozone, pushing for a more integrated European union, in an interview on French television upon Bastille Day.

He added that France will take initiative on this topic.

He suggested that the creation of a eurozone parliament would “put more democracy between partners in eurozone.”

Commenting on the Greek bailout, Hollande said that Europe has won into keeping Greece in the eurozone and that the deal was not humiliating for the Greek population.

Hollande stressed that the French GDP growth was “still too weak” and claimed it was time to invest.

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