Analysis - Franco-German EU deal puts onus on Hollande to reform


  • World
  • Tuesday, 04 Jun 2013

France's President Francois Hollande (L) and German Chancellor Angela Merkel arrive for a meeting at the Elysee Palace in Paris, May 30, 2013. REUTERS/Pierre Verdy/Pool

PARIS (Reuters) - A Franco-German deal to strengthen the euro zone has ended months of bickering between Paris and Berlin and raised the onus on French President Francois Hollande to embark on potentially explosive social and economic reforms.

German Chancellor Angela Merkel, Europe's most powerful politician, made a string of symbolic concessions to France in joint proposals for closer economic policy coordination outlined last week, in return for a clear commitment to reform.

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