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BERLIN: Germany and its European Union partners must act quickly to find common ground on a European investment budget, German Chancellor Angela Merkel said on Monday, before signing an agreement on her new coalition government.

"As far as an investment budget is concerned, I said very early - in 2012, or 2013 - I could imagine something like that," Merkel told a joint news conference the leaders of her coalition allies, the Bavarian CSU and the left-leaning Social Democrats.

"But one also has to say the visions from Finland to France, Italy, Ireland, Germany are not yet so well worked out - so we have to speak about what we want, how this relates to the whole European budget, which we also need to prepare anew. We will have to deal with this questions very early," she said.

Acting SPD leader Olaf Scholz said the future of Europe would be a central focus for the new government.

 

Copyright Reuters, 2018

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