This Is All That's Left of Macron's Grand Plan to Fix the Euro
- Banking union, bailout plans and euro budget all bogged down
- France still hoping for positive signals on euro-area budget
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Less than a decade after the financial crisis nearly tore the euro area apart, a long-anticipated push to buttress the currency union is entering its final stretch.
But the compromise that’s taking shape is set to underwhelm supporters of the sweeping vision of an integrated and assertive Europe set out by French President Emmanuel Macron last year.