Topic

Merz rebuffs Macron, rejects eurobonds

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German Chancellor Friedrich Merz rejected President Emmanuel Macron's proposal for joint EU borrowing, deepening a Franco‑German rift over competitiveness and sovereignty ahead of the EU summit.

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I agree. I don't think the ECB can easily devalue the euro as it doesn't intervene. What is more, many in the ECB are talking about the benefits of a stronger euro.
February 11, 2026 at 2:37 AM
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Merz se rapproche de Meloni parce qu'il pense que le président Macron est désormais trop faible pour exercer une quelconque influence en Europe
www.ft.com/content/394c...
Buy European and the French paradox
French ideas are often in the ascendant in EU policy-making just as the country’s government grows weaker
www.ft.com
February 11, 2026 at 8:30 AM