Germany's Angela Merkel called for a spirit of "compromise" on reforming the euro zone at a meeting on Thursday (19 April) with French President Emmanuel Macron, who pressed for "solidarity" among members of the currency union.
Joining the eurozone is not a solution for the present day, Poland's deputy finance minister Leszek Skiba told the Polish parliament on Wednesday (18 April). But he admitted that a stable euro area is in Poland's interest and joining it at the right time could prove to be beneficial. EURACTIV Poland reports.
French President Emmanuel Macron heads to Berlin Thursday (19 April) for talks with Chancellor Angela Merkel, hoping to breathe fresh life into his grand vision for EU reforms in the face of growing German resistance.
Emmanuel Macron toned down his ambition of completing the Economic and Monetary Union in a speech to the European Parliament on Tuesday (17 April), as he appears to be losing Germany’s backing and faces mounting pressure at home on unpopular economic reforms.
German Finance Minister Olaf Scholz said EU reforms proposed by French President Emmanuel Macron should be addressed before European elections next year, but added that some of the proposals were not feasible.
Last week in Brussels, French President Emmanuel Macron was making little headway with the reform of the eurozone. Decisions are expected during the next EU summit in late June. EURACTIV Germany’s media partner “Der Tagesspiegel” reports.
The impulse to bolster the eurozone, sparked by Emmanuel Macron’s victory in France almost one year ago, is losing its vigour as political instability persists and a group of countries have solidified their opposition to bold changes.
With the end of political uncertainty in Berlin, Chancellor Angela Merkel is about to face crucial political decisions – including a possible reform of the eurozone. EURACTIV Germany’s media partner “Der Tagesspiegel” reports.
Eight northern European countries said today (6 March) that euro zone reforms should focus on completing the banking union, improving compliance with budget rules and setting up a European Monetary Fund, with more ambitious plans left for later.
Finland supports the idea of expanding the European Stability Mechanism (ESM) fund into a European monetary fund but does not back the European Commission's proposal on having the European Parliament oversee it, Helsinki said yesterday (15 February).
French President Emmanuel Macron, concerned that a divisive discussion over eurozone reform might undermine his broader European agenda, has begun prioritizing other areas of EU cooperation, French officials say.
In his speech on the State of the Union, Jean-Claude Juncker insisted on the extension of the eurozone, but not on its deepening. He fears the two-speed Europe defended by Emmanuel Macron. EURACTIV France reports.