Scholz and Macron Advocate for EU Reforms

May 28, 2024 - 14:12
Scholz and Macron Advocate for EU Reforms

 

In a joint effort, French President Emmanuel Macron and German Chancellor Olaf Scholz have put forward a series of proposals aimed at reforming the European Union (EU). This announcement comes as Macron concludes his state visit to Germany with bilateral government talks.

With the European elections less than two weeks away, Scholz and Macron have emphasized the need to bolster European sovereignty and competitiveness. In a joint op-ed in the Financial Times, they stated, "Our Europe is mortal, and we must rise to the challenge." The leaders highlighted that Europe is undergoing a "turning point" where the foundations of the European way of life can no longer be taken for granted.

To meet these challenges, Scholz and Macron stressed the importance of enhancing Europe's competitiveness and resilience, achieving the Green Deal, and successfully navigating the digital transformation. They called for Europe to establish itself as a strong industrial and technological leader while striving to become the first climate-neutral continent. Germany and France aim to inject "new momentum" into the next EU legislative period.

**Focus on Key Technologies**

Both leaders underscored the necessity for the EU to embrace more innovation, expand the internal market, increase investments, ensure fair competition, and reduce bureaucracy. They asserted that the internal market is one of Europe's greatest competitive advantages and must be fully leveraged. Scholz and Macron urged the EU to focus on critical technologies such as artificial intelligence (AI), quantum technologies, space, telecommunications, biotechnology, climate technology, mobility, and chemicals.

Additionally, Scholz and Macron reiterated their call for a more integrated European financial and banking sector. They advocated for harmonizing corporate insolvency and tax laws, and introducing a "simple and efficient cross-border investment and savings product for all."

**Government Consultations at Meseberg Castle**

Macron's three-day state visit to Germany culminates today with joint consultations at Meseberg Castle, where Macron and Scholz, along with several ministers from both governments, will discuss issues primarily related to defense, security, and European competition policy. The consultations will include meetings of the Franco-German Defense and Security Council and the Franco-German Ministerial Council.

Before the consultations, Macron will travel to Münster in the morning to receive the International Prize of the Westphalian Peace, honoring his contributions to deepening European cooperation. The prize is awarded biennially by the Economic Society of Westphalia and Lippe (WWL). German President Frank-Walter Steinmeier will deliver the laudation for Macron.

Macron delivered a passionate speech on Europe at the Frauenkirche in Dresden, stating, "Europe is not the goal, but the compass." He emphasized that Europe is at an "unprecedented moment in its history" and called for unity against growing nationalism, urging Europeans to vote in the upcoming elections.