France, Germany prepare plans for deeper economic union: Merkel
Posted : Tuesday, 22 January 2013 07:57AM
BERLIN (Reuters) - The leaders of France and Germany plan to put forward proposals in May for a deeper economic and monetary union, German Chancellor Angela Merkel said on Tuesday at a joint news conference with French President Francois Hollande.
"France and Germany together want, by May, to put forward proposals - in preparation for the June European Council - for the stabilization and deepening of the economic and monetary union. It is about a deeper cooperation in economic policy with the goal of social security, employment, growth and financial stability," Merkel told reporters.
(Reporting by Noah Barkin and Stephen Brown)
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