Merkel endorses euro zone ‘economics and finance minister’

Published 30/08/2017, 12:08 am

Investing.com - German Chancellor Angela Merkel said she is open to the idea of a euro zone economy and finance minister.
Speaking Tuesday, Merkel said she could imagine the euro zone having a combined economy and finance minister,
whose role would help provide “greater coherence” in economic policy across the euro area.
The idea has been put forward by French President Emmanuel Macron,
as part of a proposed reform of the euro zone.
She also backed the idea of turning the European Stability Mechanism into a European Monetary Fund.
The comments indicated she is willing to peruse deeper integration in the euro area.

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