German, French finance ministries to coordinate eurozone proposals

Reuters, Monday 27 Aug 2012

Finance ministries of Germany, France to launch working group tasked with making joint proposals on eurozone issues, German FM announces Monday

The finance ministries of Germany and France will launch a working group with a view to making joint proposals on eurozone issues like fiscal and banking union, German Finance Minister Wolfgang Schaeuble said on Monday.

"We will start in the next days and weeks a working group between our ministries to prepare forthcoming decisions in bilateral cooperation," Schaeuble told reporters after meeting his French counterpart Pierre Moscovici.
 
Schaeuble said the group would look at preparing joint proposals for the Eurogroup meetings of finance ministers, strengthening the fiscal and currency union and boosting the currency bloc's growth
 
It would also coordinate on decisions taken by Chancellor Angela Merkel and French Prime Minister Francois Hollande.
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