Angela Merkel said she backed proposals for a eurozone budget and a Brussels-based finance minister, in a ringing endorsement of Emmanuel Macron’s vision for far-reaching reform of the single currency area.
Her comments were the clearest indication yet that she plans to make overhauling the eurozone a key priority if she wins next month’s Bundestag elections and a central plank of her political legacy.
But experts stress that French and German perceptions of eurozone integration still widely diverge, and Ms Merkel herself said there was still no clarity about what a eurozone finance minister would actually do.
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