“French President Emmanuel Macron is right when he says we must move Europe forward now,” Scholz said at a family-owned company conference in Berlin where his French and British counterparts will speak later on Friday.

Scholz added that he could envision the introduction of a “backstop” for the Single Resolution Fund before 2024 if the problem of non-performing loans at European banks could be addressed. (Reporting by Noah Barkin Editing by Michelle Martin)

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