European Central Bank President (soon to be ex- ) Draghi featured on the front page of the Financial Times:

European Central Bank President Draghi featured on the front page of the Financial Times:

The gist of the piece is Draghi supports French president Macron calingl for fiscal transfers between eurozone member states

  • said higher government spending was "more urgent than before"
  • " what matters is to make the union stronger. In some areas, further integration achieves this goal"
  • "To have a stronger EMU [economic and monetary union], we need a common eurozone budget. Clearly the political debate on that still has a long way to go. But I am optimistic."

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Yeah, no. Not gonna happen any time soon.