French president Emmanuel Macron’s plans to make common cause with Germany to reform the eurozone have suffered an early setback as Berlin pushes proposals for sovereign debt writedowns that Paris fears could shatter investor confidence in the single currency.
Financial Times: Paris and Berlin at odds over key plank of eurozone reform plans
French President Emmanuel Macron looks on during a joint press conference with the UN High Commissioner for Refugees (UNHCR) following their meeting at the Elysee palace in paris on Oct. 9.