Friday, July 14, 2017

''Merkel gives conditional backing to Macron’s eurozone plans'' POLITICO

German Chancellor Angela Merkel on Tuesday offered conditional support to French President Emmanuel Macron’s proposals for reforming the European Union, such as introducing a finance minister and a budget for the eurozone.
A day after Brexit negotiations began in Brussels, Merkel said it was vital the EU did not become distracted by the U.K.’s departure from the bloc.
“The danger in the departure negotiations with Britain is that we don’t focus enough on our own future,” Merkel said at the annual meeting of the Federation of German Industries (BDI), a lobbying group.
Macron, who won the French presidency last month after campaigning on a staunchly pro-EU platform, has argued for deeper cooperation within the bloc, particularly in the eurozone.
Merkel said she was generally open to such reforms in order to improve the coordination of economic policy across the EU..''
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