Hollande's bid to reform the eurozone


Following the European debacle of the Greek crisis, French President François Hollande has called for reforms to the eurozone that include giving it budgetary powers and a parliament, and will soon meet with European Central Bank president Mario Draghi to discuss the issue which he hopes to place on the agenda of a European leaders’ summit in October. Lénaïg Bredoux reports.

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Since the controversial and divisive negotiations surrounding the debt bailout deal imposed on Greece this month, French President François Hollande has become convinced that Europe is threatened with disintegration and that, to avoid this, the direction and development of European Union institutions must be given a new impetus.