Photo: DPAGerman Chancellor Angela Merkel said Tuesday she was prepared to "consider" new French President Emmanuel Macron's proposals for a shake-up of the eurozone. Speaking to business leaders in Berlin, Merkel acknowledged that the "economic cohesion of the eurozone member states leaves something to be desired". During his campaign, Macron had put forward ideas for reforming the eurozone, noting that the currency bloc cannot go on as it is if it wanted to avoid falling prey to protest and populism. Germany and France, traditionally the twin engines of European integration, agreed last month to launch a bilateral panel to kickstart the eurozone reform process. The bilateral panel will report to a joint ministerial meeting of the eurozone's two biggest players in July.

Source: The Local June 20, 2017 09:33 UTC