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Title : Macron’S Proposal To 'Pickpocket German Taxpayers'

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Macron’S Proposal To 'Pickpocket German Taxpayers'

Emily Hohler reports from the UK's MoneyWeek:

One of Macron’s “headline proposals” was a excogitation to transform the ESM (European Stability Mechanism) bailout fund, born of the euro crisis, into a European Monetary Fund (EMF) to offering fellow member states curt together with long-term loans inwards central for reforms. However, alongside Macron’s ideas frequently beingness framed equally an endeavor to “pickpocket High German taxpayers”, Merkel is circumspect nigh the damage of the loans, the size of the pot together with the EMF’s legal basis.

Circumspect nigh the damage of the loans?

Why does Merkel pose upwards alongside this materials inwards whatsoever way?

-RW

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