News 16 april — 17:55

Merkel's conservatives seek to limit her room on euro zone reform


 Members of Chancellor Angela Merkel’s conservative bloc in parliament are seeking to limit her room for manoeuvre on euro zone reform, a draft proposal seen ahead of her meeting with French President Emmanuel Macron on Thursday showed, Euronews reports.

In the proposal for discussion at a meeting of the bloc on Tuesday, the conservatives’ deputy leader in parliament, Katja Leikert, stressed that individual euro zone member states must remain liable for their own risks.

The paper reflects German conservatives’ strong resistance to German taxpayers’ money being splashed about under any euro zone reforms, which Macron is eager to champion.

“Our guiding principle is that the assumption of risks by a member state must be accompanied by the liability of that state,” read the proposal — seen by Reuters — for debate by the conservative parliamentary bloc on Tuesday.

“Financial aid will only be granted with strict conditions,” the proposal added, insisting that lawmakers in the German Bundestag must retain the right to decide on granting financial aid to other euro zone member states.

Macron was elected last May on a promise to overhaul the European Union, and has called for a euro zone budget to help the bloc cope with external economic shocks.

The paper said Germany and France should not act as an exclusive alliance in the EU.

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