PARIS — European leaders increased the pressure on Germany to move more aggressively to defend the euro on Tuesday by publishing proposals for a more tightly knit European Union, with phased-in moves toward central banking supervision, unified deposit insurance, and more sharing of the region’s debt burden.
Drawn up by top European Union officials, the plan has weight and seems to reflect a new willingness to isolate Berlin and compel it to accept changes it has steadfastly resisted.
The 10-year ‘‘road map’’ was drafted after months of discussions with the 27 member countries, especially the 17 that use the euro. It calls for immediate steps ‘‘toward a genuine economic and monetary union’’ and is designed to provide the agenda for the European Union summit meeting on Thursday and Friday in Brussels. It is also intended to give financial markets confidence the European Union will stand behind its members and its common currency.
The proposals, though watered down from an earlier draft to try to appease Berlin, brought immediate criticism from Germany. Chancellor Angela Merkel told her partners in her governing coalition that Europe would not have total sharing of debt ‘‘as long as I live.’’
Germany’s deputy foreign minister, Michael Link, said the proposals lean ‘‘toward various models for mutualizing debt’’ but that ‘‘what comes up short is improved controls.’’ Speaking in Luxembourg, he added: ‘‘By beginning with pooling of debt, we’re heading toward a dead end.’’
The chancellor of Germany, Angela Merkel, has told her partners in her governing coalition that Europe would not have total sharing of debt ‘as long as I live.’
On Friday, the three leaders of the next-largest economies in the eurozone — France’s Francois Hollande, Italy’s Mario Monti, and Spain’s Mariano Rajoy — pressed Merkel to agree to collective debt and European-wide banking supervision and deposit insurance to ease market pressure on Spain and Italy. She was also pressed to change the rules to allow bailout funds to operate like banks and purchase the sovereign debt of Italy and Spain without conditions. Merkel’s answer was blunt: that solidarity was possible only with serious controls and collective oversight.