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Merkel can well imagine a European finance minister

Published 15/09/2017, 14:33
© Reuters. German Chancellor Angela Merkel and French Prime Minister Edouard Philippe attend a news conference in Berlin

BERLIN (Reuters) - German Chancellor Angela Merkel said on Friday she could well imagine a European finance minister but stressed that the creation of such a position would have to be underpinned with reforms of substance.

"We certainly need to strengthen the governance of the euro zone ... I have nothing against a European finance minister. I can well imagine that," she told a joint news conference in Berlin with French Prime Minister Edouard Philippe.

"But what is important to me is that we underpin the slogans - 'economic government' and 'European finance minister' and 'budget' - with substance."

Merkel added that although monetary policy in the euro zone was harmonised, economic cooperation was still "incoherent."

© Reuters. German Chancellor Angela Merkel and French Prime Minister Edouard Philippe attend a news conference in Berlin

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