Sarkozy, Merkel to seek coordinated economic governance

10:46, June 07, 2010      

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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.

Monday'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.

"We should ... learn the lessons (of the Greek crisis), by taking all necessary measures to prevent a crisis of this kind from occurring," said Sarkozy and Merkel in their joint letter addressed to van Rompuy and European Commission President Jose Manuel Barroso.

"It should first of all reinforce the economic governance of the eurozone," underlined Sarkozy and Merkel.

The French and German leaders had talked about the issue during a telephone conversation back on May 6.
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