For the past six tumultuous months Denmark has held the presidency of the European Union. In that time, the number of eurozone countries seeking an emergency financial bailout has risen to five.

Stephen Sackur asks Helle Thorning-Schmidt, Denmark's Prime Minister if it is time for Angela Merkel to accept a banking union and the mutualisation of debt in return for greater EU fiscal union.

You can watch the full interview on BBC World News on Friday 29 June at 03.30, 09.30 15.30 and 20.30 GMT and on the BBC News Channel on Friday 29th June at 04:30 BST.

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