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Sarkozy and Merkel kick off week of euro crisis talks

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Sarkozy and Merkel kick off week of euro crisis talks

Post by Martyn20 on Tue Dec 06, 2011 1:52 am

French President Nicolas Sarkozy and German Chancellor Angela Merkel are meeting to agree joint proposals aimed at resolving the eurozone debt crisis.
They will take their ideas to an EU summit on Friday that is being seen as crucial for the single currency.
Germany favours strict EU central control while France wishes to preserve more national sovereignty.
Meanwhile, two badly-hit eurozone countries, Italy and Ireland, are preparing tighter austerity measures.

BBC Story

I am not sure the markets will accept any deal now, I feel the battle for the Euro is already lost



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