Merkel, Sarkozy highlight financial reforms (2)

15:02, June 15, 2010      

Email | Print | Subscribe | Comments | Forum 


German Chancellor Angela Merkel (R) and French President Nicolas Sarkozy attend a joint press conference in Berlin, capital of Germany, June 14, 2010. Merkel and Sarkozy highlighted international financial reforms and narrowed their difference on Monday. (Xinhua/Han Mo)

Sarkozy also said he agreed on the necessity "to strengthen the economic regulations in Europe," will submit joint proposals with Merkel.

Media used to doubt large differences may exist between Merkel and Sarkozy on establishing a separate institution to govern European economy as they postponed their planned talks at the last minute last week.

France wanted to form a dedicated secretariat to harmonize economic, social and tax policies and rebalance the European economy between surplus and deficit countries, while Germany still insisted that key decisions should be made by all 27 EU leaders, such as the European Council.

Sarkozy said he had a "frank and boisterous"talk with Merkel as they both do not avoid problems and wanted to discuss all policy options. "It's about disburdening the European system by not multiplying new institutions," he said.

"We need no new institutions, but in case of necessity, you have to be flexible," Merkel said.

Source: Xinhua

【1】 【2】

(Editor:祁澍文)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Giant red lantern lights up in Tiananmen Square to celebrate the coming National Day on Oct. 1. (Xinhua/Li Xin)
  • A ceremony is held in Taipei, southeast China's Taiwan, on Sept. 28, 2011, to commemorate the 2,562nd birthday of Confucius (551-479 BC), a Chinese thinker, educationist and philosopher. (Xinhua/Wu Ching-teng)
  • The world's first Boeing 787 Dreamliner for delivery arrives at Haneda airport in Tokyo, capital of Japan, on Sept. 28, 2011. The Boeing 787 Dreamliner, whose buyer is All Nippon Airways (ANA), will implement a flight of ANA on Oct. 26 from Tokyo's Narita Airport to Hong Kong in south China. (Xinhua/Ji Chunpeng)
  • A Libyan National Transitional Council (NTC) fighter shows what is believed to be human jawbone found inside a mass grave near Abu Salim prison in Tripoli, Libya, Spet. 27, 2011. The NTC on Sunday said they had found a mass grave containing the bodies of 1,270 people killed by Gaddafi's security forces in a 1996 massacre at Abu Salim prison in southern Tripoli. (Xinhua/Li Muzi)
  • Rescue workers and local residents search for survivors after a building collapsed in old Delhi, India, Sept. 27, 2011. At least 10 people were killed and 35 injured when an old three-storey building collapsed. More than a dozen people are still feared trapped under the debris, police said. (Xinhua/Partha Sarkar)
  • A visitor has flying experience in the windmill castle of Jinshitan National Holiday resort in Dalian, northeast China's Liaoning Province, Sept. 27, 2011. The castle is a 23-meter-high building with 21 meters in diameter. The castle uses wind tunnel to make objects floating in the air. It is the first indoor stadium in China, which enables people to have flying experience. (Xinhua/Zhang Chunlei)
Hot Forum Discussion