Franco-German Summit on August 16
Statement issued by Alain Juppé
(August 17, 2011)
The Minister of Foreign and European Affairs welcomes the major proposals presented yesterday by President Sarkozy and the German Chancellor during their meeting in Paris.
These proposals aim to strengthen coordination in the Euro Area, through institutional (economic governance), budgetary (adoption by the Euro Area countries of the «golden rule» by summer 2012), and financial (tax on financial transactions) measures.
Building on the efforts that France and Germany have been undertaking for several months now, these proposals therefore constitute a further step towards strengthening the economic governance of the Euro Area and reinforcing the convergence of the economic and financial policies of its member States.
In the same spirit, our two countries want to move forward together towards harmonizing their corporate tax base and rates.
Through all of these proposals, France and German again confirm their strong convergence of views, their particular responsibilities, and their joint determination to strengthen the reliability and robustness of the economic and monetary union in order to boost competitiveness and growth in Europe.