It’s time for the EU’s biggest reform, say France and Germany

Push, push, push… Integrate more and more… It is the only solution, regardless of the economic crisis and knowing the cultures, economies and interests vary too much — so they keep saying. The march onward to a United States of Europe is underway courtesy of Germany’s Fourth Reich and its Troika proxy. As was said before, the Euro was designed to fail.

 

The French and German economy ministers have called for a strengthened eurozone with a common budgetary mechanism and tools to avoid the kind of debt problems Greece is suffering.

“It’s time to strengthen the eurozone by way of the EU’s biggest reform,” Emmanuel Macron and his German counterpart Sigmar Gabriel said in a joint statement in France’s Le Figaro, The Guardian, Germany’s Die Welt, Spain’s El Pais and other European dailies.

The German and French ministers also stressed that “a stronger eurozone should be the core of a deepened EU”.

The current set-up has “faults” that must be repaired “so that the euro maintains its promise of economic prosperity and, more broadly, prevents Europe from drifting towards discontent and divisions”, the French and German ministers said.

“We must reconcile general European interests and national interests,” they added, alluding to “anti-European forces” developing in some EU nations.

French economy ministry sources told AFP that the initiative to better knit the eurozone had two main strands: a common budget capacity and solidarity mechanisms to be rapidly available to help “countries in difficulty”.

Full article: It’s time for the EU’s biggest reform, say France and Germany (The Telegraph)

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