Angela Merkel faces fresh battle with hardline rivals, over eurozone budget
Berlin — Chancellor Angela Merkel’s conservative allies on Wednesday took aim at her backing for a new eurozone budget, German media reported, opening up another front in their attack against her. Merkel’s Bavarian allies the Christian Social Union (CSU) gave her an ultimatum on Monday to curb migrant arrivals or risk pitching Germany into a political crisis that could rattle Europe. The Bavaria-based party has now also taken issue with an agreement between France and Germany to set up a common budget for the eurozone, which will fund investments in poorer member states. "We were always very sceptical about a eurozone budget. Simply because it’s a form of additional budget," Bavaria’s state premier leader Markus Soeder told Sueddeutsche Zeitung. "Is it separate from German lawmakers? Does it mean that the fundamental stability of the euro will be challenged? All that must be clarified," he said. Both Sueddeutsche and Bild dailies said the CSU will call a coalition panel to look into...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.