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German Chancellor Angela Merkel is set to lend her backing to a eurozone bailout fund, modelled on the world’s lender of last resort, the International Monetary Fund.
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Really interesting article about the future of the Eurozone, suggesting that the Germans are moving towards supporting a Eurozone bailout fund and, by implication, the possibility of fiscal transfers in the Eurozone and thus closer integration.
One wonders whether this is true, or whether it's part of the Telegraph trying to portray the alternative to Brexit as closer EU integration. And remind me, was there are interesting vote on the issue of Brexit in the House of Lords yesterday?