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German Chancellor Angela Merkel, right, welcomes French President Nicolas Sarkozy in Berlin Wednesday, July 20, Ferdinand Ostrop/AP/Press Association Images

Sarkozy and Merkel to meet today

Chancellor Merkel and President Sarkozy are to meet today to discuss the Eurozone crisis.

THE EUROZONE CRISIS will be debated by the French and German leaders this afternoon.

BBC News reports that German Chancellor Angela Merkel and French President Nicolas Sarkozy will meet in Paris today, where they will discuss the crisis.

With the integrity of the Euro at stake, the decisions the two make could determine the future of the Eurozone, says the BBC.

This meeting comes after a week of turmoil in financial markets, and fears that France would be the next country to lose its triple-A credit rating.

Officials for Merkel and Sarkozy said yesterday that eurobonds will not be on the agenda during today’s meeting.

RTE News reports that the two will meet at the Elysee Palace and look at ways to create a lasting solution to the current crisis, as more countries run into financial trouble.

The European Central Bank sent €22 billion last week propping up the bond markets of Italy and Spain.

Read more: ECB spent €22 billion on European bonds last week>

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8 Comments
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    Mute Patrick Moon
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    Aug 16th 2011, 8:22 AM

    I’m sure they will discuss the waste of money spent on Ireland and what a huge mistake it was/is. EU should be reserved for real economic superpowers unburdened by leech nations like ours.

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    Mute Shirley Cummings
    Favourite Shirley Cummings
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    Aug 16th 2011, 9:24 AM

    Why do you have such a downer on everything Patrick??…..you seem a very deep and dark person, lighten up, chat to friends, go for a few drinks!!
    (uh-oh, is this the bit where the voodoo doll comes out?!?!)

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    Mute Patrick Moon
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    Aug 16th 2011, 9:39 AM

    I’m about as happy-go-lucky as they come. I also call it as I see it. We are living through trying times and our shortcomings should be pointed out so we can emerge from the cesspool of Irish poor judgement.

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    Mute Mike Reid
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    Aug 16th 2011, 12:55 PM

    i dont think jesus would approve of that kind of mood

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    Mute Dave O'Shea
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    Aug 16th 2011, 9:13 AM

    Fool moon I think……. Learn some economics , Ghent come back and right something a little less amateur

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    Mute Dave O'Shea
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    Aug 16th 2011, 9:13 AM

    * then*

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    Mute Derek Richardson
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    Aug 16th 2011, 3:43 PM

    he,is no more amateurish than the one,s elected who pretend to be professional,s

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    Mute Derek Richardson
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    Aug 16th 2011, 3:47 PM

    he is no more amateurish than those elected who pretend to be professionals

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