Both leaders discussed their vision of the future of the European Union (EU) when France prepares to assume the protémpore presidency for six months in January, as well as the tension between Russia and Ukraine, the migrant crisis on Poland’s border with Belarus. and the relationship with China and Africa.
True to a long tradition that began after the Second World War, Scholz began his first tour in France, days after the transfer of command with his predecessor, the conservative Angela Merkel.
Macron yesterday advocated “rethinking the fiscal framework” of the European Union (EU) in light of the teachings of the coronavirus pandemic, strict fiscal rules strongly defended by Germany during the euro crisis, but which it agreed to suspend to face the illness.
Asked if he supported Macron’s idea of these rules, which are still suspended, the new German chancellor avoided answering exhaustively, especially when his government partners, the Greens and the Liberals, are not in the same position on budgetary rigor.
“It is about maintaining this growth generated by the (European) recovery pact. We must in turn work on the soundness of our finances. It is not contradictory. They are the two faces of the same effort”Scholz assured during the joint press conference.
The Stability and Growth Pact (SGP) foresees that the euro countries keep their deficit below 3% of Gross Domestic Product (GDP) and their debt below 60%. Although its implementation again is planned for 2023, some countries already demand more flexibility.
Source From: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
