Merkel and Hollande announce a joint initiative to support the EU
FXstreet.com (Córdoba) - France and Germany have announced today that they will present a joint initiative to other European Union countries to improve economic and monetary union. The leaders hope the initiative would improve competitiveness and growth.
The initiative would include joint proposals, that go through the labor market to the power sector, focusing on the promotion of renewable energies.
German Chancellor Angela Merkel said in a joint press conference in Berlin with François Hollande, that both of them are aware of their responsibility to overcome the euro zone crisis. Still, she stressed that governments cannot face this challenge on their own and asked the help of unions and employers.
The initiative would include joint proposals, that go through the labor market to the power sector, focusing on the promotion of renewable energies.
German Chancellor Angela Merkel said in a joint press conference in Berlin with François Hollande, that both of them are aware of their responsibility to overcome the euro zone crisis. Still, she stressed that governments cannot face this challenge on their own and asked the help of unions and employers.
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