Europe is weak, ineffective, French president says
PARIS — Calling Europe slow, weak and ineffective, French President Emmanuel Macron on Tuesday said the EU should embrace a joint budget, shared military force and harmonized taxes to stay globally relevant.
With Brexit looming, Macron warned the rest of Europe against the dangers of antiimmigrant nationalism and fragmentation, saying it goes against the principles of a shared Europe born from the tragedy of world wars.
“We thought the past would not come back ... we thought we had learned the lessons,” Macron told a crowd of European students at the Sorbonne university Tuesday.
After a far-right party entered the German parliament for the first time in 60 years, Macron said this isolationist attitude has resurfaced “because of blindness ... because we forgot to defend Europe.”
“The Europe that we know is too slow, too weak, too ineffective,” he said.
To change that, he proposed a joint budget for European countries sharing the euro currency that would allow investment in European projects and help stabilize the eurozone in case of economic crisis. This budget would at some point need to come from national budgets of countries sharing the euro currency, for instance using domestic taxes on businesses.
Macron said the only way to make Europe strong in a globalized world is to reshape “a sovereign, united and democratic Europe.”
To reduce inequalities across the EU, Macron also suggested greater harmonization of EU tax policies — notably on corporate taxes, and taxing internet giants where they make money and not where they are registered.
Macron is also proposing that every EU country guarantee a minimum wage and payroll charges.