Macron urges greater euro zone convergence, presses Germany to act

13-7-2017 Business Mail BusinessMail Cool

Macron urges greater euro zone convergence,...

By Richard Lough

The European Union remains an incomplete project and will require changes to its treaties that bring greater convergence between euro zone member states, French President Emmanuel Macron said in comments published on Thursday.

In an interview with French regional daily Ouest France, Macron, who favours deeper European integration, said Germany was benefiting from a “dysfunctional” euro zone.

Macron, elected in May, has called for giving the euro zone a single finance minister and a common budget – a proposal that has been met with caution by...

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