"There is a lot of unfinished business, which we haven't addressed and I very much doubt that Sibiu will get us much further forward," said Fabian Zuleeg, head of European Policy Centre in Brussels.The euro is widely acknowledged to be imperfect and in need of reform to unify what are vastly disparate economies, even more so after the eurozone debt crisis.
Ahead of Sibiu, an angry Juncker blamed inaction and the lack of ambition in the eurozone for the distrust of the richer nations towards their poorer partners. Juncker also had his own big plans for the eurozone, different from Macron's but also intended to surf on an improving economy. "The bitter reality is that we have a Union in which part of the population, mainly in northwestern Europe, wants to leave," Dutch Finance Minister Wopke Hoekstra said on Tuesday, summing up the concerns of the richer north.
"There is a broad agreement that we need much more than what exists today, the disagreement is on which way and how," the diplomat said.
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