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Merkel can well imagine a European finance minister

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Merkel can well imagine a European finance minister

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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.”

(Reporting by Paul Carrel and Noah Barkin)
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