June 19, 2018 / 3:24 PM / a year ago

Macron says euro zone budget to be operational from 2021

German Chancellor Angela Merkel and French President Emmanuel Macron attend a press conference after their meeting at the German government guesthouse Meseberg Palace in Meseberg, Germany, June 19, 2018. REUTERS/Hannibal Hanschke

MESEBERG, Germany (Reuters) - A new joint euro zone budget agreed on Tuesday by France and Germany will be operational by 2021, French President Emmanuel Macron said after talks with German Chanceller Angela Merkel.

Macron said that details of the budget, including its amount and whether it would be financed by national sources or a bloc-wide tax, would be hammered out by ministers before the end of the year.

Reporting by Marine Pennetier, writing by Leigh Thomas, Editing by Michel Rose

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