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FRANCE'S President Emmanuel Macron on Tuesday won German Chancellor Angela Merkel's backing for reforms aimed at bolstering the eurozone against crises, including a vaunted budget for the bloc.
But its size remains vague and its creation could still face resistance from other members."We are beginning today a second step in the life of our common currency," said Macron, after talks in Germany with Merkel. The eurozone budget will have its own governance structure, and be a"real budget with annual revenues and spending", he said. (AFP)
