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A special budget would not solve the euro-crisis, says German official (Photo: PeterXIII)

Germany to EU: stop talking about new budget schemes

German officials are in eye-rolling mode ahead of an EU summit about plans to create a eurozone "shock absorption fund" and say leaders should focus on reforms and stick to their promises.

"I am honestly a little surprised that everyone is just talking about how to spend money, but not about what matters: to increase competitiveness and employment," a senior German official told journalists in Berlin on Wednesday (12 December).

A eurozone-only budget "would not solve the crisis, n...

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A special budget would not solve the euro-crisis, says German official (Photo: PeterXIII)

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