France and Germany have agreed on the broad outlines of a proposed eurozone budget which they will present to EU finance ministers in Brussels on Monday, a French finance ministry source said.
France's President Emmanuel Macron and Germany's Chancellor Angela Merkel on Tuesday announced common plans on a plethora of EU reforms ahead of a crunch end-June summit that could determine the future of the bloc.
France and Germany are "determined" to reach a compromise on President Emmanuel Macron's proposals for a shake-up of the eurozone, a French government source told AFP on Sunday after marathon talks between the two countries.
Germany and France on Saturday pledged to deliver a joint proposal to reform the eurozone in time for a leaders summit in June, despite their big differences on the future of the bloc.
French President Emmanuel Macron heads to Berlin Thursday for talks with Chancellor Angela Merkel, hoping to breathe fresh life into his grand vision for EU reforms in the face of growing German
resistance.
French President Emmanuel Macron's vision for a stronger European Union may be in tatters as a growing rift emerges with
Germany on everything from defence to his plans for deeper eurozone
integration.
French President Emmanuel Macron and German Chancellor Angela Merkel said on Friday they would come up with a roadmap for a major shake-up of the European Union by June, despite resistance to Macron's ambitious reform agenda from smaller members of the bloc.
Dutch Prime Minister Mark Rutte on Friday cautioned Berlin and Paris not to try to push through their ambitious EU reform plans against the will of other member states.
Germany and France will offer their joint
vision for reforming the eurozone by March, German Chancellor Angela Merkel said on Friday, in an effort to bridge divisions over the future of the single
currency.
French President Emmanuel Macron on
Tuesday pleaded his case for ambitious European reforms, appealing to German Chancellor Angela Merkel to join forces with him and enter the debate.
Germany's right-wing populist AfD believes that France and southern European countries should be excluded from Europe's common currency, the party's top officials said, AFP reported.
France warned Britain on Friday it could not expect to win veto powers over closer integration of the eurozone single currency area in talks on its own future in the EU.
Eurozone finance ministers approved on Friday a third bailout worth up to €86 billion to keep Greece in the single currency in return for an unprecedented package of reforms that Athens had previously rejected.
As the clearly strained talks continued on Monday to find a deal to keep Greece in the euro the Franco-German partnership is almost in open conflict with some in France accusing Germany of seeking to "destroy Europe for the third time in history".
Greece on Sunday faced a final EU summit to clinch a deal that would stop Athens crashing out of the euro after divided eurozone ministers halted "very difficult" talks on a new bailout overnight.
With 'Grexit' (Greek exit from the euro) looking increasingly likely on Monday, Germany remained at the centre of efforts to keep it in the single currency. Catch up on a day of dramatic action here.
Greece will remain in the euro zone despite the collapse of talks with creditors to avert default, France's Finance Minister Michel Sapin said on Saturday, saying that Paris was always ready to restart talks.
EU finance ministers are "sad" about Greece's decision to put creditors' austerity measures to a referendum on July 5 and say they will not extend Greece's bail-out deal on June 30, in a move which could trigger a banking collapse.
French celebrity economist Thomas Piketty tells The Local that the radical Franco-German plan for a deeper, stronger eurozone "fails to meet Europe's main challenge".
The radical Franco-German plan for a deeper, more united and more robust eurozone has been described in some quarters as a “quantum leap” for Europe. Here’s a closer look at what Paris and Berlin plan.
Just as the UK seeks to loosen ties with Brussels, France and Germany called on Thursday for "Europe's biggest reform" to create a "deepened EU". Paris and Berlin also alluded to the need to tackle the rise of "anti-European forces".
Details of the UK’s referendum bill were published on Thursday, but there was no mention of guaranteeing the vote to ALL British expats living in EU member states. An omission that has left many Brits in France angry and deeply concerned.
Germany and France have agreed to forge closer Eurozone ties without reopening the bloc’s treaties, a report in France has claimed. The move is seemingly designed to undermine UK Prime Minister David Cameron’s attempts to renegotiate his country’s ties to the EU.
The head of the German central bank on Thursday described the decision by the EU Commission to grant France a two-year delay to reach its budget targets as problematic.
Greek Finance Minister Yanis Varoufakis on Sunday said he wanted to reach a new agreement with international creditors on his country's debt burden "by the end of May".