Lack of German government puts euro zone integration plans on holdBRUSSELS (Reuters) - The collapse of talks on a new German government means that the euro zone s ambitious plans for deeper economic integration could be put on hold, euro zone officials said on Tuesday. German government coalition talks collapsed on Sunday night as the liberal FDP party pulled out after weeks of  exploratory  talks, plunging the euro zone s most important economy into political uncertainty and raising the prospect of new elections. Euro zone leaders are to set a direction for deeper euro zone economic integration at a summit in the middle of December, at which Germany s input is crucial.  As long as Germany does not have a clear position, it will by default not agree to anything. Therefore, delay is the most likely option,  one senior euro zone official involved in the euro zone integration talks said. The summit is to launch six months of work that would lead  decisions in June 2018 on whether or not the single currency area should have a budget, a finance minister and a euro zone assembly in the European Parliament. The deeper integration push, championed by French President Emmanuel Macron, also includes the transformation of the euro zone bailout fund into a European Monetary Fund and the creation of a sovereign insolvency mechanism.  Things will go on hold until there is a formal acting German government,  a second euro zone official said.  At this stage I don t see what steps the leaders could take in December or June for deepening euro zone integration when there is a German government without a mandate,  he said. Some officials said that a potential delay in the euro zone integration talks was not a big issue because they concerned the future architecture of the Economic and Monetary Union (EMU), now encompassing 19 countries.  There is nothing that makes new decisions on the EMU especially urgent, so I don t believe this to be a real problem,  a third senior euro zone official said.  The June deadline can always be moved, if need be,  the official said. But others noted the initial timing of the talks was to make use of a  window of opportunity  in 2018, when no major euro zone countries, except Italy, or EU institutions had to face elections and were therefore free to focus on euro zone reforms. If the talks were delayed, decisions on key issues, often sensitive politically, could be pushed back toward 2019   a year of elections to the European Parliament, the formation of a new European Commission and choosing new heads of the European Central Bank and the chairman of EU leaders. An official involved in preparations for the December summit said it would go ahead as planned.  National elections happening all the time, all over Europe, are no reason to stop our work,  the official said. But others said they expected the mandate that leaders would give to the Commission for further work on euro zone integration would probably be weaker than it would have otherwise been if no German government is in place by then. worldnews
lack german government puts euro zone integration plans holdbrussels reuters the collapse talks new german government means euro zone ambitious plans deeper economic integration could put hold euro zone officials said tuesday german government coalition talks collapsed sunday night liberal dp party pulled weeks exploratory talks plugging euro zone important economy political uncertainty raising prospect new elections euro zone leaders set direction deeper euro zone economic integration summit middle december germany input crucial as long germany clear position default agree anything therefore delay likely option one senior euro zone official involved euro zone integration talks said the summit launch six months work would lead decisions june whether single currency area budget finance minister euro zone assembly european parliament the deeper integration push championed french president emmanuel macron also includes transformation euro zone bailout fund european monetary fund creation sovereign insolvency mechanism things go hold formal acting german government second euro zone official said at stage i see steps leaders could take december june deepening euro zone integration german government without mandate said some officials said potential delay euro zone integration talks big issue concerned future architecture economic monetary union emu encompassing countries there nothing makes new decisions emu especially urgent i believe real problem third senior euro zone official said the june deadline always moved need official said but others noted initial timing talks make use window opportunity major euro zone countries except italy eu institutions face elections therefore free focus euro zone reforms if talks delayed decisions key issues often sensitive politically could pushed back toward year elections european parliament formation new european commission choosing new heads european central bank chairman eu leaders an official involved preparations december summit said would go ahead planned national elections happening time europe reason stop work official said but others said expected mandate leaders would give commission work euro zone integration would probably weaker would otherwise german government place worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Lack of German government puts euro zone integration plans on holdBRUSSELS (Reuters) - The collapse of talks on a new German government means that the euro zone s ambitious plans for deeper economic integration could be put on hold, euro zone officials said on Tuesday. German government coalition talks collapsed on Sunday night as the liberal FDP party pulled out after weeks of  exploratory  talks, plunging the euro zone s most important economy into political uncertainty and raising the prospect of new elections. Euro zone leaders are to set a direction for deeper euro zone economic integration at a summit in the middle of December, at which Germany s input is crucial.  As long as Germany does not have a clear position, it will by default not agree to anything. Therefore, delay is the most likely option,  one senior euro zone official involved in the euro zone integration talks said. The summit is to launch six months of work that would lead  decisions in June 2018 on whether or not the single currency area should have a budget, a finance minister and a euro zone assembly in the European Parliament. The deeper integration push, championed by French President Emmanuel Macron, also includes the transformation of the euro zone bailout fund into a European Monetary Fund and the creation of a sovereign insolvency mechanism.  Things will go on hold until there is a formal acting German government,  a second euro zone official said.  At this stage I don t see what steps the leaders could take in December or June for deepening euro zone integration when there is a German government without a mandate,  he said. Some officials said that a potential delay in the euro zone integration talks was not a big issue because they concerned the future architecture of the Economic and Monetary Union (EMU), now encompassing 19 countries.  There is nothing that makes new decisions on the EMU especially urgent, so I don t believe this to be a real problem,  a third senior euro zone official said.  The June deadline can always be moved, if need be,  the official said. But others noted the initial timing of the talks was to make use of a  window of opportunity  in 2018, when no major euro zone countries, except Italy, or EU institutions had to face elections and were therefore free to focus on euro zone reforms. If the talks were delayed, decisions on key issues, often sensitive politically, could be pushed back toward 2019   a year of elections to the European Parliament, the formation of a new European Commission and choosing new heads of the European Central Bank and the chairman of EU leaders. An official involved in preparations for the December summit said it would go ahead as planned.  National elections happening all the time, all over Europe, are no reason to stop our work,  the official said. But others said they expected the mandate that leaders would give to the Commission for further work on euro zone integration would probably be weaker than it would have otherwise been if no German government is in place by then. worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: lack german government puts euro zone integration plans holdbrussels reuters the collapse talks new german government means euro zone ambitious plans deeper economic integration could put hold euro zone officials said tuesday german government coalition talks collapsed sunday night liberal dp party pulled weeks exploratory talks plugging euro zone important economy political uncertainty raising prospect new elections euro zone leaders set direction deeper euro zone economic integration summit middle december germany input crucial as long germany clear position default agree anything therefore delay likely option one senior euro zone official involved euro zone integration talks said the summit launch six months work would lead decisions june whether single currency area budget finance minister euro zone assembly european parliament the deeper integration push championed french president emmanuel macron also includes transformation euro zone bailout fund european monetary fund creation sovereign insolvency mechanism things go hold formal acting german government second euro zone official said at stage i see steps leaders could take december june deepening euro zone integration german government without mandate said some officials said potential delay euro zone integration talks big issue concerned future architecture economic monetary union emu encompassing countries there nothing makes new decisions emu especially urgent i believe real problem third senior euro zone official said the june deadline always moved need official said but others noted initial timing talks make use window opportunity major euro zone countries except italy eu institutions face elections therefore free focus euro zone reforms if talks delayed decisions key issues often sensitive politically could pushed back toward year elections european parliament formation new european commission choosing new heads european central bank chairman eu leaders an official involved preparations december summit said would go ahead planned national elections happening time europe reason stop work official said but others said expected mandate leaders would give commission work euro zone integration would probably weaker would otherwise german government place worldnews