France’s Finance Minister Le Maire calls on Germany in an Interview, the Reform of the Euro-Zone faster. Also needed-a shared Budget. Otherwise, the threat of a dramatic consequence.
The internal political Situation in Germany could not “become an excuse”, an urgent Europe-political decisions to delay, said the French Finance Minister, Bruno Le Maire, the “süddeutsche Zeitung”. The decisions urged, you could not wait””. Le Maire was referring to two of the projects, agreed upon by Berlin and Paris, in principle, on the controversial EU digital tax and a Euro-zone Budget.
The tax, which would make Internet companies, must be decided by the end of 2018, he asked in the Interview. In the Federal government, however, there are doubts as to the proposals of the EU Commission. The Brussels authority will, if necessary, to introduce the tax in the first instance only in the EU, several EU member States argue for a global approach.
Without a Budget, no Euro-Zone more
With a view to the Euro-zone budget Le Maire warned even before the end of the currency Union: “It is a Euro-zone-Budget, or that there is no Euro-Zone more.” The Instrument was important to be able to future crises encounter. The size of the budget was for the First so important.
The President of France, Emmanuel Macron, who had demanded a year ago in a keynote speech before the Sorbonne in Paris, a profound Reform of the EU, which should lead to a “Refoundation of Europe”. The support in Germany was, at best, cautious. Some of the proposals are on hold, others are progressing slowly.
About the Euro-zone budget Macron had made in June with German Chancellor Angela Merkel (CDU) agreement. At least eight other EU countries oppose this project.
gri/ack (afp, rtr, dpa)