EU nations need to sign a new treaty that gives Brussels more authority over national budgets, German Finance Minister Wolfgang Schäuble said at a private meeting of Christian Democratic Union (cdu) and Christian Social Union (csu) leaders last Thursday, according to the Bild tabloid.

This treaty is necessary “even when we know how difficult a treaty change is,” Schäuble said.

Schäuble’s proposed treaty would also distinguish between the 17 eurozone members and the rest of the European Union. This would formalize the two-speed Europe that has been developing in the wake of the euro crisis.

On the same day, the cdu and csu’s party group in parliament said they want the German parliament to vote on any measures the European Financial Stability Fund (efsf) takes that would affect the German budget. Seeing as the efsf relies on German loans, that would give the German parliament veto power over any substantial support for indebted nations.

The Trumpet has long said that Germany would demand control over eurozone nations’ finances in return for bailing them out. Europe’s financial crisis will not be solved until Germany gets that control.