Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

France and Germany Talked About EU Reforms


June, 11 2018
watermark Economic news

The economy ministers of France and Germany had a meeting this weekend in order to talk about the plans for the EU reforms prior the expected summit within this month. On Sunday, French Economy Minister Bruno Le Maire stated that the "significant progress" was driven during the eurozone reforms negotiations in Paris along with Olaf Scholz. Reportedly, Le Maire and Scholz gathered in a hotel room for almost 14 hours to finalize the details.


According to the spokesperson of German finance ministry, the talks will last for a few more days as the leaders aim to unite France and Germany on EU reform. While French President Emmanuel Macron appointed the European Union to have their budget and minister. Nevertheless, German Chancellor Angela Merkel showed regard highly about the complaints of German voters towards major countries of not leaving indebted governments in poor countries.


Moreover, the projected amount of EU budget is another issue between the two biggest economy in EU. As Merkel proposed a “lower end of the double-digit billions of euros range", while Macron proffered budget to be  "several points of the eurozone's GDP". Hence, both economy ministers will submit their respective proposals to the joint Franco-German ministerial meeting scheduled this week before the summit on June 29.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.