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Is France weakening? “Merzoni”, Europe's new power couple!

2026-02-14 10:26:13Kosova&Bota SHKRUAR NGA REDAKSIA VOX
Is France weakening? “Merzoni”, Europe's new power couple!
German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni

One of the most common misconceptions about Italy is that the country of " dolce vita " lives only off European subsidies.

But according to a study by the Institute for German Economics (IW), Italy is the third largest contributor to the EU budget after Germany and France, giving more than it receives in subsidies, and showing its weight as an industrial and exporting power in the Eurozone.

Analysts see a "new power duo" in Europe, dubbed "Merzoni," made up of German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni .

Their meeting in Rome highlighted policy alignment between the two countries, including pro-business legal changes and ratification of the Mercosur trade agreement with Latin America, which sometimes conflicts with France's positions.

Meanwhile, the relationship between Berlin, Paris and Rome is considered a “triangular complex.” French President Emmanuel Macron has yet to give his final word, while supporters of Eurobonds are growing as a solution to smooth out European fiscal policy.

The EU High Representative for Foreign Policy, Kaia Kallas , and the head of the German Central Bank, Joachim Nagel, have also declared support for this financial instrument.

What does this mean for the balance of power between Berlin, Paris and Rome?

A " complex triangular relationship " is seen in a recent response from the German network ARD from Brussels, and the truth is that Macron has not yet said his last word.

Firstly, because his meeting with Meloni is pending, in which the French president also aspires to promote common ideas for Europe, as he himself emphasized during his recent interview with major European newspapers.

Second, the Eurobond is not only not considered a lost cause, but is gaining more and more supporters, who see no other solution to flatten the fiscal policy circle in Europe (“ increased defense spending and increased public investment, but without new borrowing and without new taxes ”).

Just last week, EU High Representative for Foreign Policy Kaia Kallas and, less clearly, German Central Bank head Joachim Nagel spoke in favor of Eurobonds.

Giorgia Meloni certainly won't be against it.

Italy, in addition to its industrial and economic role, seems to be strengthening its political influence in Europe, emerging as a key partner in formulating new European policies and in balancing power between Berlin, Paris and Rome./ DW


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