Eurozone leaders meeting in Brussels on Thursday should agree to appoint a single finance minister for the European Union' single currency, Belgium's acting finance minister Didier Reynders suggested on Wednesday, according to dpa. The euro summit is expected to agree on a second rescue package for Greece, spelling out in what way private banks will be expected to contribute towards it. But it should move beyond technical issues and "strengthen the European integration process," Reynders said in an interview with Belgian newspaper Le Soir. The panel of eurozone finance ministers, the Eurogroup, already has a chairman, Luxembourg Prime Minister Jean-Claude Juncker. Reynders said a more powerful figure is needed. A Eurozone finance minister should "be given some resources. He should thus be able to issue recommendations, and impose sanctions if they are breached."
