Mario Monti is urging all EU member states to agree on the European budget at the upcoming summit at the start of February.
Discord could lead to the unravelling of the 120 billion growth pact forged six months ago.
It was meant to stem fears of excessive EU austerity. But many states face stringent domestic cuts, undermining the pact’s message.
“There will be no coherence between all the language we employ to talk about growth and the adoption of a budget that does not go along with this,” Monti told his audience in Brussels.
And, as often happens at a gathering, the people present found themselves discussing those who weren’t, like the British and their referendum plans.
“I think that (a referendum) is very healthy because it would finally, for the first time, ask the British people to reflect – not only on the huge benefit for them psychologically to make things difficult for us on the continent (laughs from the audience) – but on what the costs would be for them of saying goodbye to the single market,” Monti said.
Our correspondent in Brussels, Margherita Sforza, says Mario Monti will continue his visit around Europe, as he tries to rally support for a common stance on the upcoming budget. This week he is expected in Germany for a meeting with Chancellor Angela Merkel and afterwards in France with President François Hollande.
Copyright © 2014 euronewsMore about:
- 1Pakistanis protest against Taliban as army intensifies offensive in north-west
- 2Israel launches airstrike on Gaza in apparent retaliation for rocket attack
- 3Australian mother arrested after eight children stabbed to death
- 4Kyiv terror plot foiled, says Ukrainian security service
- 5Obama says Sony made a “mistake” in cancelling movie over cyber threats
- 1Eight children stabbed to death in Cairns, Australia
- 2Putin tries to reassure over rouble worries, but also slams the West
- 3Pakistanis protest against Taliban as army intensifies offensive in north-west
- 4US homeowner ‘defending his castle’ found guilty of killing German teenager
- 5Ukraine: Conflict could soon be over says optimist President Poroshenko
- 1Rosetta team is euronews’ people of 2014
- 2Thailand’s Princess Srirasmi renounces royal status and will divorce
- 3Left-wing extremists run riot in upscale Zurich, Switzerland
- 4Australia: two hostages and gunman dead after police storm Sydney siege café
- 5Putin answers press questions on Ukraine, NATO and the Russian economy
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2Watch: Passengers ‘push-start’ frozen plane in Siberia | euronews, world news
- 3Le Pen: I admire ‘cool head’ Putin’s resistance to West’s new Cold War | euronews, interview
- 4What will you ask US Senator John McCain? | euronews, world news
- 5McCain blasts Europe’s approach to Ukraine conflict ‘a joke’ | euronews, the global conversation
- 6Which countries in Europe cause the most air pollution damage? | euronews, world news
- 7Moldova pro-EU parties take narrow lead in elections | euronews, world news
- 8Grenoble: Europe’s first ad-free city | euronews, world news
- 9NATO joins search for ‘Russian submarine’ off Scottish coast | euronews, world news
- 10European Union News | euronews: latest breaking news and headlines about European Union
- 11Obama’s ‘risky’ immigration gamble | euronews, world news
- 12Ukraine reports accident at Zaporizhzhya nuclear power plant | euronews, world news
- 13Crude awakening: Romania’s Black Sea oil and gas finds fuel Europe’s energy hopes | euronews, reporter
- 14Irony as organised crime prosecutor arrested for corruption in Romania | euronews, world news
- 15The American Century comes to an end as China becomes the world’s largest economy | euronews, economy
- 16International breaking news | euronews online world breaking news in video
- 17Belgium’s former queen Fabiola dies at 86 | euronews, world news
- 18Germans demand honour for Turkish woman beaten to death | euronews, world news
- 19Chechen ‘death’ unit fighting with rebels in eastern Ukraine | euronews, world news
- 20Portugal: Ex-PM José Socrates held in corruption probe | euronews, world news
Wires > News
- 00:32 CET North Korea denies hacking Sony, U.S. stands by its assertion
- 00:18 CET Tunisians vote in historic presidential run-off
- 23:03 CET Liberian voter turnout low as Ebola overshadows senate election
- 22:36 CET Yazidis cheer Kurds on Iraqi mountain for breaking Islamic State…
- 22:22 CET Saudi says security forces kill four militants in Shi’ite village
- 22:21 CET Egypt charges captain, officer of Kuwaiti ship with manslaughter
- 21:42 CET Greek polls show anti-bailout leftists still ahead but lead slips
- 21:37 CET French police shoot dead knife-wielding man in police station