The finance ministers in the Eurozone have agreed on introducing a budget tool for the 19-member states during a lot of negotiations and discussions. However, a lot of issues remain unclear.
Merkel's two-day visit came four months after Greece emerged from its third and final bailout package.
The European Court of Auditors has published a report criticizing the European Commission for their handling of the fight against fraud in EU spending.
Germany and France will reportedly seek to revive the long-delayed EU financial transaction tax by proposing that member states be allowed to use the revenues to reduce their EU budget contributions.
Brussels has officially rejected Italy's big-spending budget, clearing the path for unprecedented sanctions and deepening a bitter row with Rome's populist government.