For once the word historic isn& #39;t misplaced. The deal on common borrowing is a huge symbolic + practical step for Europe. Shows the EU can take bold decisions when a) in a crisis b) France + Germany work closely together c) their leaders (Macron + Merkel) mobilise others smartly https://twitter.com/EmmanuelMacron/status/1285417491687243778">https://twitter.com/EmmanuelM...
One thing I& #39;ve learned over the years is that it& #39;s often a big mistake to expect too much from Franco-German cooperation, and occasionally an even bigger mistake to underestimate what France and Germany can do for Europe with the right leadership at the right time
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It& #39;s also a big legacy moment for both Merkel, who leaves office next year, and Macron, who put Europe at the centre of his election campaign and whose ideas-packed speech at the Sorbonne in Sep 2017 was regarded as quaintly ambitious. Even 3 months ago nobody bet on this outcome