- Merkel Offers Macron Concessions on Eurozone Reforms
by AFP/zl, via https://www.channelnewsasia.com/news
BERLIN: German Chancellor Angela Merkel delivered a long-awaited answer to French President Emmanuel Macron’s ambitious call for European Union reforms Sunday (Jun 3), offering olive branches on investment and help for debt-mired eurozone member states.
More than a year after Macron took office with the stated mission to bolster the EU and make it more responsive to its citizens, Merkel’s response comes at a time of heightened concern about the future of the bloc due to political turmoil in Italy and Spain and transatlantic tensions.
Merkel told the Frankfurter Allgemeine Sonntagszeitung ahead of a crunch EU summit this month that Germany as the eurozone’s top economy would support an investment budget whose total would be “at the lower end of the double-digit billions of euros range”.