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Franco-German deal on new monetary affairs commissioner

France and Germany have agreed that the next monetary affairs commissioner should be a French person.

According to a report in Geman newspaper Die Welt, in return for a French person getting this important portfolio, a German would become the new 'super commissioner' responsible for the economy and industry.

If this were to be the case, it would mean that both countries would be under less pressure over the strict rules that underpin the euro.

Both Berlin and Paris have repe...

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