Thursday, November 15, 2012

French PM Ayrault meets Merkel in Berlin

“We share the conviction that the Franco-German relationship is necessary, it is our political inheritance,” said Mr Ayrault.

But the new Franco-German axis has yet to get in the groove on the right euro zone dosage of austerity and stimulus; the future of Greece; and the EU budget to 2020.

Berlin wants a more modest budget but Mr Ayrault insisted ahead of his visit that France is “prepared neither to give up the Common Agricultural Policy nor the cohesion funds”.