especially of France, President of Macron is the intention of this resolution is a heart: The EU heads of state and government have agreed on a budget for the Eurozone. Not all are thrilled.
The EU member States have agreed at their summit in Brussels on Reform of the Eurozone. According to the words of the German Chancellor, Angela Merkel, also a budget for the Eurozone is one of the measures.
The French President Emmanuel Macron penetrates since 2017 on a separate Euro zone Budget. After a long struggle Germany and France had agreed a few weeks ago, in a joint proposal on a significantly scaled-down variant within the EU budget.
reservations from the Netherlands and Austria
But also this was a controversial issue. Especially the Netherlands and Austria, but also Non-Euro countries such as Poland have more reservations. Merkel acknowledged that the budget of the Euro area is controversial. “This has given the Finance Ministers for a long time, and quite controversial discussions,” said the Chancellor. The purpose of the Euro-zone budget is to strengthen economic convergence between the member States and the competitiveness. The Minister of Finance should draw up the corresponding proposals, Merkel said.
