FIRST AIRED: March 1, 2017

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

×

Transcript

00:00:01
>> A paper to pencil in greater EU unity after the UK leaves. The European Parliament discussing how some members could deepen cooperation further and faster without the whole bloc in tow. Reuters' Alastair MacDonald says a range of proposals are on the table for the 27 post Brexit members.
00:00:18
>> They range from actually stepping back from some of the ambitions of the European Union. Going back to an era in which it was rather an economic common market with the European Institution simply policing a fairly limited project. To really forging ahead, full steam ahead, as he said, into something which the Euro-skeptics are calling a European superstate with lots and lots of shared sovereignty.
00:00:46
>> Put forward by European Commission President Jean-Claude Juncker, his diplomats hope this will eventually be put to public debate by individual member states. Before then it's likely to get a hearing at an EU leaders summit in March. But right now that could be wishful thinking. Those not in the Euro have already raised concern of Europe moving at separate speeds.
00:01:07
>> Two-speed Europe is rather divisive. Some of the countries in the east, the poorer east, worry that what that means is particularly after Brexit, which is gonna leave a big hole in the EU's budget, with Britain, one of the big contributors leaving, is a way for France, Germany, the other richer states to kind of pull back from integration.
00:01:27
Move ahead with perhaps their own projects in the Eurozone, but leave the easterners behind.>> But the idea might be overshadowed for some time. Deciding its future point of travel aside, the EU already has a lot on its plate in 2017. This month, the UK is set to trigger the beginning of Brexit negotiations.