France has massive debts. Its trade balance is under par. President-elect Emmanuel Macron, a former investment banker, wants to reduce government debt. His goal is to reform the French economy - in part along German lines.
French President Emmanuel Macon and German Chancellor Angela Merkel have ambitious plans for the future of the European Union. But are the two countries headed in the same direction?
In a speech to Germany's parliament, French President Emmanuel Macron has called for a new Franco-German alliance to equip Europe for future challenges. His visit came on Germany's annual war remembrance day.
A slowdown in the German economy in the third quarter has raised recession fears. Economy Minister Peter Altmaier thinks a package of tax cuts and other measures are needed to shore up future economic growth.
German Chancellor Angela Merkel didn't offer any new ideas during her long-awaited keynote speech at the European Parliament. The signal she sent was loud and clear, says DW's Bernd Riegert: Wait for my successor.
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