German Finance Minister Wolfgang Schaeuble (L) listens to Chancellor Angela Merkel as they attend a debate on the consequences of the Brexit vote at the lower house of parliament Bundestag in Berlin, Germany, June 28, 2016. REUTERS/Fabrizio Bensch
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Senior European political figures appealed Sunday for the EU to set aside lofty debate as it struggles with Brexit-style populism, and instead to focus on measures which clearly benefit citizens.Schaeuble, a member of Chancellor Angela Merkel's Christian Democratic Union (CDU), said the EU had to work "with speed and pragmatism" to unlock growth and thus create jobs.The three-year plan, running from 2015 to 2018, has funds of 21 billion euros ($23.39 billion) from the EU budget and the European Investment Bank (EIB), with the hope that this will leverage private investment of 315 billion euros.Lagarde said laconically that Britain's exit should simplify decision-making in the EU.Lagarde did not elaborate, but French Economy Minister Emmanuel Macron said that the British departure could open the way to strengthening the eurozone.Moscovici reiterated ideas for boosting the 19-country eurozone, with a common budget and a "common economic policy".
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