"This does not mean abandoning sovereignty, it is sharing."
Speaking against a background of strong tensions between France and Germany in the last two weeks, Cahuzac said: "France and Germany have to work together ... Germany has to stop imagining inflation everywhere ... and France has to understand that it is also perhaps in the interest of our country, for France to move towards this sharing of sovereignty."
The minister said that "without a profound reform of Europe, of its organisation, of its governance and of its policies, not a single country can cope."
France 'ready to share budget sovereignty'
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