The euro may not exist in 10 years’ time if Paris and Berlin fail to bolster the single currency union, French presidential candidate E Macron said, adding the current system benefited Germany at the expense of weaker member states. Macron was economy minister under Hollande, he resigned this year and stand as an independent candidate in this year’s presidential election. Source Reuters
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Italy’s plans to bail out two regional banks pose a tough dilemma to European regulators, who are still considering whether Monte dei Paschi qualifies for state aid, three months after giving a preliminary green light. Source Reuters
Catalonia’s regional parliament, which is dominated by parties that want the region to break away from Spain, approved Wednesday a 2017 budget that includes funding for an independence referendum. Source The Local
Catalonia’s separatist government on Sunday again urged Spain’s central government to let it hold a legal referendum on independence like the one Scotland staged in 2014 with London’s approval. Source the Local