Germany wants the European Union to hold a convention to create a new treaty to tie Europe closer together by the end of the year, Spiegel Online reported August 25. German Chancellor Angela Merkel’s EU policy adviser Nikolaus Meyer-Landrut has discussed the idea with “high-level EU officials,” Spiegel wrote.
Merkel would like the treaty to change the EU into a political union, with the power to intervene in the taxation and spending policies of individual nations. For example, Germany wants the European Court of Justice to be able to punish nations who borrow too much money.
