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6/7/10

EU Economy: Sarkozy and Merkel to seek coordinated economic governance

French President Nicolas Sarkozy is to visit Berlin on Monday for a meeting with German chancellor Angela Merkel when they are expected to seek economic coordination within the European Union (EU) and the eurozone in particular.

European Council President Herman van Rompuy aired this expectation when he addressed in Luxembourg an EU ministerial workshop on economic governance which gathered 27 EU financial ministers. Sarkozy and Merkel should coordinate their European politics, the EU chief said.

Today's meeting between Sarkozy and Merkel is viewed as a prelude to the scheduled June 17 EU summit which is to further discuss the issue of economic governance.

For more: Sarkozy, Merkel to seek coordinated economic governance


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