EU Economic Affairs Commissioner Pierre Moscovici on Thursday urged the bloc to wrap up its reforms of the eurozone this year before the European Parliament elections in May 2019 which could result in the rise in euro-sceptic and nationalist parties.
"We must absolutely concentrate our efforts on reforming the eurozone. We need to conclude in December," he told a conference in Madrid on the eve of a meeting of finance ministers from the 19 countries that share the euro to discuss economic reforms in the single currency area.