Macron heads to Athens to call for Eurozone reform

EPA/JOHN THYS / POOL

Greece's Prime Minister Alexis Tsipras (C-L) and French President Emmanuel Macron (C-R) prepare for the start of a European Council meeting in Brussels, Belgium, 22 June 2017.

Macron heads to Athens to call for Eurozone reform


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French President Emmanuel Macron is scheduled to arrive in Athens on September 7 for a two-day official visit. He will be accompanied by French business leaders to promote investment and urge Eurozone reform.

“The idea is for France to be on Greece’s side to help this recovery,” said an adviser to Macron. “But the symbol, the substance of this visit is also to say that the Eurozone must be deeply reformed. The crisis exposed harmful dysfunctions and weaknesses. Greece can bear testimony to that.”

As reported by the Reuters news agency, Macron’s visit to Greece will come after a three-day tour of central and eastern Europe this week as well as a meeting with the leaders of Germany, Italy and Spain next week.

Macron was elected in May on a pro-EU platform that included pledges to create a Eurozone budget that would be voted through by a Eurozone parliament and supervised by a Eurozone finance minister.

According to Macron’s advisor, his proposals are serious ideas driven by the belief that “we fundamentally think we must equip the euro zone so it can face any new difficulty in the future”.

Reuters noted, however, that it remains unclear how much sovereignty France and other countries such as Germany, Europe’s biggest economy, are willing to transfer to the federal level.

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