(Agence France-Presse) — France must agree to share sovereignty over its budget with its EU partners, French Budget Minister Jerome Cahuzac said on Tuesday.

He told BFM TV and RMC radio: “This is what we are talking about, budget solidarity in Europe which implies that not only that the French budget, but also the German, Italian and Spanish budgets be subjected to a review by all our partners.”

He said: “This does not mean abandoning sovereignty, it is sharing.”

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