Merkel allies limit her room on euro zone reform before Macron meeting

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Merkel allies limit her room on euro zone...
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Chancellor Angela Merkel’s conservatives are restricting her room for manoeuvre on euro zone reform, documents seen by Reuters show, which could further frustrate French President Emmanuel Macron who visits Berlin later this week.

A draft resolution for German lawmakers drawn up by leading members of Merkel’s conservative bloc rejects plans floated by the executive European Commission to make use of a specific EU legal provision to create a European Monetary Fund (EMF).

Instead, the conservatives say that setting up an EMF under European law would require...


This article was automatically added to our system 16-4-2018

Merkel allies limit her room on euro zone reform before Macron meeting


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