Merkel ready to compromise with France on eurozone reform

Chancellor Angela Merkel said on Thursday Germany must be ready to compromise with France on euro zone reform, signalling her readiness to negotiate three weeks before a European Union summit at which reform plans are due to be discussed.

"I think we will come towards each other with reforms to the currency union, but these reforms to the currency union are really not the only reforms we need," she said, mentioning foreign, asylum, migration, development and security policies.