Saturday

20th Apr 2019

Ticker

Germany and France agree eurozone budget framework

German finance minister Olaf Scholz and his French counterpart Bruno Le Maire have agreed a joint plan for a eurozone-only budget to be presented in Monday's Eurogroup meeting in Brussels, with view to adoption at the 14 December euro summit, German media reported. Eurozone finance ministers, rather than the European Commission, would be in charge of designing investment programmes to be paid via new taxes.

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