Germany's Chancellor Merkel Urges EU Political Union

German Chancellor Angela Merkel says the EU needs a political union even if it means some countries integrating faster than others.

German Chancellor Angela Merkel reacts as she arrives for the weekly cabinet meeting at the chancellery in Berlin, Germany, Wednesday, June 6, 2012.

German Chancellor Angela Merkel says the EU needs a political union even if it means some countries integrating faster than others.

Speaking on German TV, she called for "more Europe", including a budgetary union, saying "we need a political union first and foremost".

"Step by step we must from now on give up more competences to Europe, and allow Europe more powers of control."

However, she has resisted calls for the joint issuing of eurozone debt.