French President Emmanuel Macron welcomes German Chancellor Angela Merkel as she arrives for a meeting at the Elysee Palace in Paris, France, March 16, 2018. REUTERS/Christian Hartmann -/File Photo/File Photo
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The leaders of Germany and France meet on Thursday to try to work out a common position on reforming the euro zone, a sensitive issue that is testing the new government in Berlin just a month after it took office.At a meeting with conservative lawmakers on Tuesday, Merkel trod a careful line between Macron's drive for bold reform and their push to retain scrutiny over any European Monetary Fund developed out of the existing euro zone bailout fund.Framing reform as such a broad issue risks diluting Macron's drive to beef up the euro zone with extra funding firepower.Merkel also wants to make economic competitiveness a priority for the euro zone, rather than simply amassing funds for countries in trouble, and has suggested a "Jumbo Council" of European finance and economy ministers, government sources say.
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