-
Merkel, Sarkozy agree on strengthening banking sector
The leaders of Germany and France, the eurozone's two biggest economies, say they have reached agreement on strengthening Europe's shaky banking sector. German Chancellor Angela Merkel welcomes French President Nicolas Sarkozy on Sunday in Berlin for a key summit on steps to combat debt turbulence. German Chancellor Angela Merkel says she and French President Nicolas Sarkozy "are determined to do the necessary to ensure the recapitalization of Europe's banks." Merkel spoke after talks with Sarkozy at Berlin's chancellery Sunday aimed at forging an agreement ahead of a summit of the European Union's 27 leaders ... (full story)