FRANKFURT (MNI) – Further European integration may require popular
referenda to ensure democratic legitimacy, European Central Bank
Executive Board member Joerg Asmussen said Friday during the annual
Handelsblatt conference.
We can only head towards further integration “when this is
democratically legitimized – when the population wants this,” Asmussen
said.
“There will be a point, especially in Germany, when the population
will have to be asked directly,” he said, adding that he expects German
Finance Minister Wolfgang Schaeuble to make this clear.
–Frankfurt newsroom +49 69 72 01 42; e-mail jtreeck@mni-new.com
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