Melech 9,900 Posted September 26, 2017 Share Posted September 26, 2017 "When the eurozone came into being 15 years ago, its two biggest countries had similar living standards, while today Germany's are almost 20 percent higher than those in France. France also struggles from a persistently high unemployment rate, in contrast to its eastern neighbor where joblessness is at a record low. In this context, Macron wants two main things: 1. for Berlin to agree to stimulate its economy further, on the assumption that it would help French exporters and others. 2. to complete the monetary union project by having a eurozone budget managed by a eurozone parliament and a eurozone finance minister. In August, Merkel backed Macron's call for a new powerful eurozone finance minister post to oversee economic policy across the bloc. She said the new role could provide "greater coherence" to economic policy. She also backed a plan for an European Monetary Fund (EMF) that would redistribute money within the bloc to where it was needed. Macron believes that the monetary union suffers from too little centralization and needs its own budget, while Merkel views the bloc's problem as over-centralization and too little national responsibility http://www.dw.com/en/macron-more-europe-please/a-40687920 yes pleasseeee Link to post Share on other sites More sharing options...
Yuuri 21,636 Posted September 26, 2017 Share Posted September 26, 2017 The president has spoken! All hail President Link to post Share on other sites More sharing options...
Guest Posted September 26, 2017 Share Posted September 26, 2017 I don't agree but it's whatever, I'll wait and see Link to post Share on other sites More sharing options...
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