This Monday, France and Germany will announce a "joint initiative ", said in the morning the Elysée Palace. In the afternoon, Emmanuel Macron and Chancellor Angela Merkel will meet by videoconference at 3.30 p.m. before holding a joint press conference, scheduled for 5 p.m.
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This initiative, the contours of which are not yet known, will focus on health, economic recovery, ecological and digital transition and industrial sovereignty. In Berlin, the chancellery said that Angela Merkel and Emmanuel Macron were to hold talks and hold a press conference " on a Franco-German initiative concerning the economic recovery of Europe ".
In a telephone interview on May 8, the 75th anniversary of the end of the Second World War, the two leaders stressed the need " more imperative than ever " for European engagement. The Franco-German " joint initiative " must be revealed a few days before the presentation by the European Commission of an economic recovery instrument, supported by a borrowing capacity of 1000 billion euros, on May 27. A European summit must be convened to negotiate the importance of borrowing capacity, the use of funds and the terms of repayments, the Commission was told. " A physical meeting is required given the challenges, " we said. The European Parliament will then have to approve it.
