No agreement on euro zone budget, different views: German finance minister

[June 22, 2018]  LUXEMBOURG (Reuters) - There is no agreement among euro zone finance ministers about a joint euro zone budget with different views being expressed at a meeting in Luxembourg, Germany's finance minister Olaf Scholz said on Friday.

German Finance Minister Olaf Scholz speaks during the "70 Years of Social Market Economy" anniversary event at the Federal Ministry for Economic Affairs and Energy in Berlin, Germany, June 15, 2018. REUTERS/Michele Tantussi

"What has led to different reactions is the question of whether we need a euro zone budget," Scholz told a news conference following a meeting of EU finance ministers in Luxembourg.

"The debate has shown that the proposed solution is reasonable, to link the proposal to the MFF. It is only the start of the debate," Scholz added, referring to the EU budget or multiannual financial framework (MFF).

(Reporting by Peter Maushagen, writing by Robert-Jan Bartunek; editing by Philip Blenkinsop)

[© 2018 Thomson Reuters. All rights reserved.]

Copyright 2018 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.