BERLIN (Reuters) – German Chancellor Angela Merkel has come out against handing the European Commission more powers, in the clearest sign yet that she is reining in her ambitions to create a “fiscal union” in which euro members cede control of their budgets to Brussels.
The comments, made in an interview with weekly Der Spiegel, come days after Merkel held talks with President Francois Hollande in Paris and the two unveiled joint proposals for the future shape of the euro area, including the creation of a permanent president of the Eurogroup forum of finance ministers.
We’ve put a more comprehensive video clip of our interview with #AfD leader Bernd Lucke on our German Facebook page https://t.co/YMmHc61xFv
BERLIN (Reuters) – The leader of Germany’s new anti-euro party has signaled a readiness to cooperate with Chancellor Angela Merkel’s center-right bloc after elections in September if it takes a tougher line on aid to struggling euro zone members.
The comments by Bernd Lucke, an economics professor and founder of the “Alternative for Germany” (AfD), suggest a newfound willingness to work within the established political system if the party makes it into parliament.