Jump to content
Advertise With Us! Or Sign Up To Remove Ads!

Archived

This topic is now archived and is closed to further replies.

ESET

Merkel ready to consider Macron eurozone reform ideas

Recommended Posts

 ESET    1,226

German Chancellor Angela Merkel said Tuesday she was prepared to consider proposals by new French President Emmanuel Macron for a shake-up of the eurozone.

Speaking to business leaders in Berlin, Merkel acknowledged that the "economic cohesion of the eurozone member states leaves something to be desired".

Merkel, who is running for a fourth term in a September general election, said Germany would be open to an "economic government" to pool "best practices" for promoting jobs and growth among the 19 eurozone members.

"We could of course consider a common finance minister, if the circumstances are right" with the proper balance among risk, liability for debt and the power to dictate policy, Merkel said.

"We could also consider a euro-budget if it is clear that we are really strengthening the structure of the economy and doing sensible things," she added, backing another suggestion by the French leader.

Merkel, who also holds the rotating presidency of the G20 club of big economies, said she would fight to achieve the "broadest accord possible" on a free-trade pact at a summit in Hamburg next month.

But she admitted this would "not be easy given the new American administration" of Donald Trump, which is championing an "America First" trade policy.

 

https://uk.finance.yahoo.com/news/merkel-ready-consider-macron-eurozone-095335034.html

Share this post


Link to post
Share on other sites

But she admitted this would "not be easy given the new American administration" of Donald Trump, which is championing an "America First" trade policy.

We messed up their agenda. It was soooooooo obvious at that Paris thingy, she just GLARED at him the whole time. Since when was it BAD to put your own people first Merkel Jerkel?

Share this post


Link to post
Share on other sites

×