Macron and Merkel back euro zone budget

Franco-Gernman pair hailed a 'new chapter' for currency union, but left details to be worked out later with other members of the 19-country bloc. 

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The leaders of Germany and France agreed on Tuesday to create a budget for the euro zone and hailed a “new chapter” for the currency union, but they left the details to be worked out later with other members of the 19-country bloc, reports Reuters.