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Gaining backing from frugal Berlin likely to dictate eurozone ambition; Analysis ; Currency union needs the support of Germany in talks to spread cost of downturn, writes Tom Rees

Apr 07, 2020 - The Daily Telegraph (London)

This afternoon the eurozone's 19 finance ministers will dial into a conference call that could define the region for years to come.

Solidarity in the currency union has been in short supply even as the fragile eurozone became the epicentre of the coronavirus outbreak. Weeks of talks have been largely fruitless. As negotiations roll on, the ambition of the plans are likely to be decided by Berlin and its allies in the North.

Germany has ditched its ultraprudent approach domestically b...