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French, German leaders discuss EU rescue plan

Video by Sarah DRURY

Text by AFP

Latest update : 2008-11-24

French President Nicolas Sarkozy and German Chancellor Angela Merkel are meeting in Paris to discuss Europe's economic troubles. Sarkozy is expected to push for a European stimulus plan.

French President Nicolas Sarkozy met Chancellor Angela Merkel of Germany, the world's third-biggest economy, in Paris Monday to try to persuade her to support a Europe-wide economic rescue programme.
   
The meeting, which included ministers from both countries, was one of the regular mini-summits between French and German leaders, but Sarkozy was set to use it to try to overcome Merkel's reluctance to back the continent-wide plan.
   
Reports say that the European Commission is planning to announce a 130-billion-euro (163-billion-dollar) economic stimulus programme this week to help the EU overcome the global financial crisis.
   
A German government spokesman stressed last week that Berlin had just committed 32 billion euros over the next two years to its own economic jumpstart plan and expected that to figure in Brussels' calculations.
   
Sarkozy and Merkel were due to give a brief press conference at around 1100 GMT after their meeting.

Date created : 2008-11-24

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