The Brussels’ Eurocrats never pass up a chance to plead for a United States of Europe. Benoit Coeure, and ECB apparatchik, is the latest to join the chorus.
He believes that now is the time for the European nations to surrender their sovereignty, to the EU and ECB presumably, to forge a closer political union. He even believes that the EU is a state whose branches of government need more defining.
A closer political union is a pipe dream. A United States of Europe would have the rich north paying for the poor south for eternity. Good luck running on that platform in the FANG countries (Finland, Austria, the Netherlands, Germany).