Germany Proposes Two-Speed EU to Boost Competitiveness

Germany is advocating for a “two-speed” European Union, aiming to overcome current decision-making stagnation in the 27-member bloc and to drive economic growth. Berlin proposes forming a core group of six leading economies capable of acting decisively on key political and economic issues, Reuters reported.

German Finance Minister and Vice Chancellor Lars Klingbeil said at a Berlin event hosted by Welt that the EU must embrace a two-tier structure....