Olaf Scholz made his proposals in an interview with Der Spiegel magazine made public Saturday. The ideas take a step toward those of France’s President…
Olaf Scholz made his proposals in an interview with Der Spiegel magazine made public Saturday. The ideas take a step toward those of France’s President Emmanuel Macron, who has called for wide-ranging actions to strengthen the European Union – and surpass more modest proposals from German Chancellor Angela Merkel.
Scholz advocated a eurozone-wide “reinsurance” fund that would loan money to countries that are hit by an economic crisis and have higher jobless benefit costs. He also called for a tax on financial transactions as the beginning of an EU-wide system of tax collection.
