Merkel urges compromise, Macron wants solidarity on euro zone reforms
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Merkel urges compromise, Macron wants solidarity on euro zone reforms
Merkel urges compromise, Macron wants solidarity on euro zone reforms

Paul Carrel, Andreas Rinke

BERLIN (Reuters) - Germany’s Angela Merkel called for a spirit of compromise on reforming the euro zone at a meeting on Thursday with French President Emmanuel Macron, who pressed for solidarity among members of the currency union.

Before their talks, the two said they would present a united front at June meeting of European Union leaders on a range of issues including reform of the 19-member euro zone, which Merkel said they agreed was “not yet sufficiently crisis-proof”.

France and Germany, which account for around 50 percent of euro zone output, are essential to the reform drive.

Stressing the need for compromise, Merkel said: “We each bring some different facets but I think the sum of our proposals will make for a good result in the end.”

However, their meeting took place against a backdrop of grumbling by lawmakers from Merkel’s conservative bloc, wary that Macron’s call for more solidarity could see German taxpayers’ money used to fund profligate member states.

“No monetary union can exist without elements of convergence,” the French leader told a news conference with Merkel in the German capital before their talks.

“The most important thing is not to react on such and such instrument at this stage, but to be sure that we share the same goals and to have a joint political objective,” he added.

At pains to present a united front despite their underlying differences and distinct styles - Merkel’s cautious, no-nonsense approach contrasts with Macron’s bold rhetoric - they stressed they would tackle a range of issues, including migrant policy.

Macron reiterated a proposal made at the European parliament to subsidize local authorities who welcomed refugees.

“We can’t let this or that country alone carry the burden of hosting and integrating (migrants),” he said.
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https://www.reuters.com/article/us-germa...SKBN1HP391

https://www.reuters.com/article/germany-...SS8N1RV005

https://deutsche-wirtschafts-nachrichten...ten/?ls=ap

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2018 Apr 20 09:03
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