Tory MP slams EU plot for United States of Europe in brutal attack on Brussels
But think-tank boss Charles Grant said that Germany will not let Juncker get away with his “delusional” EU vision, which includes allowing the richer northern Europe to pay for the poorer areas of southern Europe.
Mr Grant, who is the Director of the Centre for European Reform, told BBC Radio 4: “[Juncker] believes that the Eurozone, in order to survive, needs to federalise.
“That you need to have more integrated policy making system so that the richer countries, mainly Germany, transfer money to help the poorer countries like Italy and Greece and help them to flourish inside the eurozone.”
Mr Grant explained that Juncker believes in a “mutualisation of risk,” meaning the eurozone as a whole would raise money through eurobonds.
He said this idea “could benefit the less financially sound countries” including Italy or Greece.