Comment on Germany, France pledge new effort to strengthen eurozone

Germany, France pledge new effort to strengthen eurozone

German Finance Minister Wolfgang Schaeuble and new French counterpart Bruno Le Maire said they are setting up a working group to produce proposals for a planned bilateral summit in July. Germany and France could either propose a joint corporate tax system of their own or concentrate on pushing ahead efforts for a harmonized assessment basis for corporate tax at the European Union level, Schaeuble said. Le Maire's opening comments to a joint news conference were in fluent German, saying there needs to be better coordination of economic policy.

 

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