PARIS— Emmanuel Macron has gone all in with an unpopular domestic economic overhaul to sell France’s eurozone peers on deepening integration within the currency bloc. Mr. Macron won the presidency in May proposing a grand bargain with Germany. Those ideas extend to pooling resources in a eurozone budget executed by a eurozone finance minister and approved by a eurozone parliament. Mr. Macron needs to show results after defeating euroskeptic nationalist Marine Le Pen by pledging more Europe rather than less. But when German coalition talks collapsed last week, France was back at square one, potentially facing a long wait for an uncertain outcome.

Source: Wall Street Journal November 30, 2017 17:37 UTC