Germany and France are set to present a joint economic reform plan Thursday. Under the plan, Paris would put on a wage-freeze and Berlin would increase investments, according to a German weekly news magazine.
France would make its labor rules more flexible in many sectors, and possibly freeze wages for three years in an effort to make companies more competitive.
Germany would double its investment on infrastructure to 20 billion euros, or about US$32 billion, by 2018.
Germany would also reform its immigration rules and encourage more women to work.