{"id":2986,"date":"2018-04-16T11:12:17","date_gmt":"2018-04-16T11:12:17","guid":{"rendered":"http:\/\/noti-america.com\/site\/alemania\/?p=2986"},"modified":"2018-04-16T11:35:19","modified_gmt":"2018-04-16T11:35:19","slug":"merkels-conservatives-seek-to-limit-her-room-on-euro-zone-reform","status":"publish","type":"post","link":"https:\/\/noti-america.com\/site\/principal\/2018\/04\/16\/merkels-conservatives-seek-to-limit-her-room-on-euro-zone-reform\/","title":{"rendered":"Merkel&#8217;s conservatives seek to limit her room on euro zone reform"},"content":{"rendered":"<div class=\"container_2tb_t\">\n<div class=\"upper-container_3g5eM\">\n<div class=\"foreground\">\n<div class=\"container_385r0 fluid-left_3DYLH\">\n<div class=\"column_1uZPg left_qEP9d\">\n<div class=\"content-container_3Ma9y\">\n<p class=\"headline_2zdFM\"><span style=\"font-size: 16px\">BERLIN &#8211; Members of Chancellor Angela Merkel\u2019s conservative bloc in parliament are seeking to limit her room for manoeuvre on euro zone reform, a draft proposal seen ahead of her meeting with French President Emmanuel Macron on Thursday showed.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"container_385r0 content_C2jxE fluid-left_3DYLH\">\n<div class=\"column_1uZPg left_qEP9d\">\n<div class=\"container_17wb1\">\n<div class=\"body_1gnLA\">\n<div class=\"container_2pnvl\">\n<div class=\"container_1tVQo\">\u00a0In the proposal for discussion at a meeting of the bloc on Tuesday, the conservatives\u2019 deputy leader in parliament, Katja Leikert, stressed that individual euro zone member states must remain liable for their own risks.<\/div>\n<\/div>\n<p>The paper reflects German conservatives\u2019 strong resistance to German taxpayers\u2019 money being splashed about under any euro zone reforms, which Macron is eager to champion.<\/p>\n<p>\u201cOur guiding principle is that the assumption of risks by a member state must be accompanied by the liability of that state,\u201d read the proposal \u2014 seen by Reuters \u2014 for debate by the conservative parliamentary bloc on Tuesday.<\/p>\n<div>\n<div class=\"container_2dHIN dp-slot-inline_eUPBt\">\u00a0\u201cFinancial aid will only be granted with strict conditions,\u201d the proposal added, insisting that lawmakers in the German Bundestag must retain the right to decide on granting financial aid to other euro zone member states.<\/div>\n<\/div>\n<p>Macron was elected last May on a promise to overhaul the European Union, and has called for a euro zone budget to help the bloc cope with external economic shocks.<\/p>\n<p>The paper said Germany and France should not act as an exclusive alliance in the EU.<\/p>\n<p>\u201cWe must not overstretch the European Union, because disappointment among citizens over Europe would weaken the successes and acceptance of the European idea,\u201d it added.<\/p>\n<p>In a separate position paper, Leikert and two other senior conservative lawmakers stressed that any reform of the euro zone\u2019s bailout fund, the government-controlled European Stability Mechanism (ESM), into a full-blown European Monetary Fund (EMF) must see it become an independent institution, not subject to control by the European Commission.<\/p>\n<p>\u201cIn order to maintain its independence, the EMF must be recognised as an independent institution in EU law (as with the EIB or ECB). A right of instruction for the European Commission must be ruled out,\u201d the position paper, dated April 13, read.<\/p>\n<div>\u00a0Euro zone leaders are working on reforms with a view to protecting the 19 countries using the euro better from financial crises and help rally the EU around it at a time of strong anti-EU sentiment and Britain\u2019s decision to leave the EU.<\/div>\n<p>But Merkel, who has just begun her fourth and probably final term in office, faces fierce resistance from her conservative bloc to any reforms that would see German taxpayers assume liability for other countries\u2019 debts.<\/p>\n<p>Finance Minister Olaf Scholz, a member of the Social Democrats, Merkel\u2019s coalition partner, said in a weekend newspaper interview that EU reforms proposed by Macron should be addressed before European elections next year. But he added that some of the proposals were not feasible.<\/p>\n<p>Source: Reuters<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BERLIN &#8211; Members of Chancellor Angela Merkel\u2019s conservative bloc in parliament are seeking to limit her room for manoeuvre on euro zone reform, a draft proposal seen ahead of her meeting with French President&#46;&#46;&#46;<\/p>\n","protected":false},"author":33,"featured_media":2994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10219548024599422_1632221337088128":"","twitter_242054905_242054905":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[115,3],"tags":[],"class_list":["post-2986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alemania","category-politica"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v27.2) - 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