April 19, 2018 / 12:17 PM / a year ago

Merkel confident about EU reforms, optimistic on banking union

German Chancellor Angela Merkel is seen before welcoming French President Emmanuel Macron at the building site of the Humboldt Forum in Berlin, Germany, April 19, 2018. REUTERS/Axel Schmidt

BERLIN (Reuters) - German Chancellor Angela Merkel is confident that the European Union will achieve good results on a wide spectrum of reforms, she said before talks with French President Emmanuel Macron on Thursday, expressing optimism about completing a banking union.

“On euro zone reform, we agree that the euro zone is not yet sufficiently crisis-proof,” said Merkel, adding one area where she was optimistic was on creating a banking union.

Merkel reiterated her position on euro zone reform, that solidarity and individual states’ liability for their own risks must be linked.

Reporting by Paul Carrel and Madeline Chambers

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