German Chancellor Angela Merkel and her French counterpart Emmanuel Macron have agreed to set up a single budget for the eurozone.<br /> The new budget, announced on Tuesday, aims to boost investment and promote economic convergence among all 19 member states.<br />The two leaders hope to have it in place by 2021, but little details were given on how the new budget will be financed. <br />The pair also touched upon the bloc's migration crisis, saying they would push for greater solidarity among EU states to ensure a common response. <br />
