Yes, we will install a committee that will deliberately try to waste money.
BERLIN (Reuters) – A co-leader of Germany’s Greens, a possible partner in Chancellor Angela Merkel’s next government, said on Wednesday the next head of the Eurogroup should support a shift away from austerity and toward investment and more fiscal solidarity.
The Greens are set to start exploratory talks next week with Merkel’s conservatives on forming a coalition government that also includes the pro-business, fiscally hawkish Free Democrats (FDP) after an election in September.
Unlike the FDP, who have cautioned against proposals by French President Emmanuel Macron for deeper fiscal integration in the single currency bloc, the Greens support common tax collection and an investment pact within the 19-country euro zone.
In January, Dutch Finance Minister Jeroen Dijsselbloem will step down as president of the Eurogroup, an informal body that plays a key role in shaping the economic policy of the bloc. The group will vote for a new chairman at a meeting in December.
“The upcoming leadership switch at the Eurogroup should be used as an opportunity for a new start in European fiscal and economic policy,” Greens co-chief Simone Peter said in a statement.
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