Macron visits Greece, shares EU vision
(VOVWORLD) - French President Emmanuel Macron on Thursday backed Germany’s idea of a European Monetary Fund (EMF) to counter economic shocks among euro zone members.
But he stressed that the ultimate goal of deeper integration should remain a euro zone budget. Macron is on a two-day visit to Greece to discuss Greece's economic crisis and European affairs.
French President Emmanuel Macron (Source: AFP/VNA)
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Earlier, the German Finance Minister proposed transforming the euro zone’s rescue fund, known as the European Stability Mechanism, into a fully fledged European Monetary Fund with more powers to support weaker members. Macron said that a euro zone finance minister and parliament would strengthen cooperation within Europe.