Skip to content
Subscriber Only

Europe’s Religious War on Debt Must Be Overcome, Macron Says

Europe must end its “religious war” over debt, French Economy Minister Emmanuel Macron said.

Macron outlined his approach to the euro area’s financial woes at a conference of German diplomats Tuesday, pitting what he termed debt-scolding Calvinists against over-indulgent Catholics. The two factions mirror the perceived rough divide between German-led budget disciplinarians in the north and Europe’s more indebted Mediterranean south.