Imaginative reform is vital for the eurozone to thriveAnother shock could be a disaster so the bloc must grasp the chance to find solutionsMacron’s bid to reinvent the European projectFrance’s president was careful to accommodate German sensitivitiesEuropean leaders aim to seize the moment for reformBut with Angela Merkel weakened despite her election victory, a new grand bargain for the eurozone will be more complicatedEmmanuel Macron’s expansive vision for Europe is tactically smart Premium contentThe French president’s plans can help restore the EU’s sense of purposeMacron is right — the eurozone needs a finance ministerThe idea stops short of full fiscal union, for which there is no political appetiteGive Greek banks room to deal with bad loansPublic squabbling between major stakeholders is already proving counterproductive
Imaginative reform is vital for the eurozone to thriveAnother shock could be a disaster so the bloc must grasp the chance to find solutionsMacron’s bid to reinvent the European projectFrance’s president was careful to accommodate German sensitivitiesEuropean leaders aim to seize the moment for reformBut with Angela Merkel weakened despite her election victory, a new grand bargain for the eurozone will be more complicatedEmmanuel Macron’s expansive vision for Europe is tactically smart Premium contentThe French president’s plans can help restore the EU’s sense of purposeMacron is right — the eurozone needs a finance ministerThe idea stops short of full fiscal union, for which there is no political appetiteGive Greek banks room to deal with bad loansPublic squabbling between major stakeholders is already proving counterproductive
