16/08/2011 13:32
Sarkozy, Merkel meeting on debt crisis
French President Nicolas Sarkozy is hosting German Chancellor Angela Merkel in Paris today as he struggles to chip away at German resistance to increased European financial governance.
Merkel and Sarkozy lead the 17-nation eurozone's biggest economies, and markets will be watching anxiously to see whether they can boost lender confidence amid an unprecedented sovereign debt crisis.
They are meeting in Paris, then holding a press conference before sharing a working dinner. Afterwards, they will make recommendations to European Union President Herman Van Rompuy, AFP reported.