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German Chancellor Angela Merkel delivered a long-awaited answer to French President Emmanuel Macron's ambitious call for European Union reforms Sunday, offering olive branches on investment and help for debt-mired eurozone member states. More than a year after Macron took office with the stated mission to bolster the EU and make it more responsive to its citizens, Merkel's counteroffer comes at a time of heightened concern about the future of the bloc due to political turmoil in Italy and Spain and transatlantic tensions.Merkel told the Frankfurter Allgemeine Sonntagszeitung ahead of a crunch EU summit this month that Germany as the eurozone's top economy would support an investment budget whose total would be "at the lower end of the double-digit billions of euros range".Merkel also addressed plans to upgrade the European Stability Mechanism, which oversees bailout loans to troubled member states such as Greece, into a European Monetary Fund.
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