Merkel open to EU migration reform, cautious on eurozone

German Chancellor Angela Merkel said Sunday she was more open to French President Emmanuel Macron's plans to reform migration and defence policy in Europe than his hopes to bolster the euro.Merkel singled out Macron's hope for a jointly managed investment budget of "one or two percent of gross domestic product" in the single currency area as overambitious.Many Germans fear ending up on the hook for debts run up by other EU members, and the chancellor last week suggested that a "limited" investme