Friday, December 2, 2011

BBC News - Merkel tackles euro crisis in Bundestag speech

BBC News - Merkel tackles euro crisis in Bundestag speech:

Merkel giving speech now...


Key points of Sarkozy speech

  • France and Germany will announce proposals on Monday to "guarantee the future of Europe"
  • They agree that there should be a new EU treaty to impose greater financial integration
  • Convergence is the key to solving the eurozone crisis but it will be a long and difficult process.
  • France rejects fiscal union where national budgets would be approved in Brussels
  • The rebuilding of Europe is not a march towards a federal super-state
  • The European Central Bank will remain independent
  • France must end doubts about its ability to repay debts

'via Blog this'

No comments:

Post a Comment