(Bloomberg) -- The European Commission’s proposals to shake up the bloc’s fiscal rules aimed at reining in government debt haven’t taken into account the concerns of its biggest economy, German Finance Minister Christian Lindner said on Monday.

The head of the business friendly Free Democratic Party was speaking following a meeting with the EU’s economic commissioner, Paolo Gentiloni, in Berlin.

“To be very blunt, the proposal of the European Commission has not yet acknowledged our concerns,” Lindner told a news conference. “We have our doubts that the proposal of the European Commission will lead to a reliable path to debt reduction.”

Lindner said he was convinced that a common monetary union needs common rules.

“So we would like to keep a multilateral, rule-based approach instead of kind of bilateral negotiations between the European Commission and member states,” he said. “I’m sure we will find common ground. We have to find common ground because it is the expectation of the capital markets.”

Gentiloni, speaking alongside Lindner, said the main issues that arose in talks with the German finance minister were how to take into account countries with very different levels of debt while avoiding “a sort of debt reduction a la carte,” as well as how a more flexible path to lowering debt will be enforced.

“What is important for me is — despite the differences that are clear — is that the Bundesfinanzminister committed Germany to constructively discuss the economic governance rules on the basis of the proposal of the commission,” Gentiloni told a group of academics and reporters in Berlin later on Monday. “And for me this is good news and I will work to give to this good news positive development.”

(Updates with Gentiloni comment in final paragraph.)

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