Economics

Macron's Budget 180 Shows He's Given Up on Help From Germany

  • President had sought entente with Merkel for a new euro zone
  • Spending spree to tackle Yellow Vests challenges EU rules
Macron's Unusual Admission
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Once Emmanuel Macron had clinched the French presidency last year, he headed straight to Berlin to forge a new future for the European Union with Chancellor Angela Merkel.

But despite all the joint briefings, the photo ops and sweeping promises, 19 months later that vision lies in tatters.