Meeting in Paris on Thursday 30 May, the French president, François Hollande, and the German chancellor, Angela Merkel, put joint proposals forward regarding the future of Economic and Monetary Union (EMU) with a view to the European Council in June. They endorse the idea of an economic government for the eurozone in order to bring together the economic policies of the 17 eurozone members. The balanced Franco-German statement, published below, underlines the importance of tailor-made...