French President Emmanuel Macron and German Chancellor Angela Merkel will present a new Franco-German initiative later on Monday, Macron's office said in a surprise statement. It gave no details on what the new initiative might entail, but a source close to Macron told Reuters it would touch on public health, economic recovery, green and digital transition, and industrial sovereignty. France and Germany have struggled to present a united front in the coronavirus crisis, with France leading a push by mostly southern European countries to convince fiscally conservative countries like Germany to issue joint European debt to help them weather the economic impact.
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