"There is a common understanding that we can't just focus on Britain leaving the EU but that, first and foremost, we have to think about how we can deepen and crisis-proof the European Union, and especially the eurozone," Merkel said at a joint press conference, after talks with Macron.
In keeping with tradition, the French president paid a visit to Merkel in his first trip abroad after taking office yesterday.
Ahead of his visit, Macron's ideas on reforming the eurozone, including setting up a separate budget for the bloc, as well as giving it its own parliament and finance minister, had sparked scepticism among some in Berlin.
Finance Minister Wolfgang Schaeuble had warned that such deep-reaching reforms would require treaty changes, which were "not realistic" at a time when Europe was hit by a surge of anti-euro populism.
But Merkel papered over the differences, saying that "from the German point of view, it's possible to change the treaty if it makes sense."
Germany was also ready to partner with France in seeking more cooperation in defence policy and a more coherent European foreign policy that could "make Europe more visible" and stronger, she said.
The two core European powers wanted to give "a new push" to their cooperation and "new momentum" to the Franco-German axis, added Merkel.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
