None of the German parties involved in exploratory coalition talks support French President Emmanuel Macron’s idea to create a separate budget for the euro zone, a negotiator for the Greens party told Reuters on Wednesday.
BERLIN (Reuters) – None of the German parties involved in exploratory coalition talks support French President Emmanuel Macron&rsquo-s idea to create a separate budget for the euro zone, a negotiator for the Greens party told Reuters on Wednesday.
Reinhard Buetikofer, who participated in a late-night negotiating session on European policy on Tuesday with German Chancellor Angela Merkel&rsquo-s conservatives and the Free Democrats (FDP), said the Greens supported the idea of more investment in infrastructure but not a new budget.
&ldquo-None of the participating parties support a euro zone budget,&rdquo- Buetikofer, a member of the European Parliament said.
&ldquo-We Greens fully support the idea of finding ways, within the framework of the existing EU budget, to boost investment in infrastructure. We share Macron&rsquo-s aim of increasing investment.&rdquo-
The news is a blow to Macron, who has called for the creation of a euro zone budget of several hundred billions of euros to help the single currency bloc cope with economic shocks. The Greens are seen as the biggest supporters of Macron&rsquo-s ideas among the German parties considering a coalition.
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