Francois Hollande, the French president, has called for the eurozone to adopt bold new mechanisms to insulate member states and their banks from market turmoil, such as a joint fund to pay down debt, putting him on a collision course with Berlin.

After a meeting with Italian Prime Minister Mario Monti in Rome, Hollande said he would urge EU leaders at an end-June summit to adopt a series of measures to strengthen economic growth and financial stability in the euro zone and deepen economic integration.

Hollande said he had submitted details of his proposals to European Council President Herman Van Rompuy.