Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Gambian citizens flee ahead of Barrow inauguration

Read more

MEDIAWATCH

Trump will still tweet from personal Twitter account as President

Read more

FRENCH CONNECTIONS

Population studies: France's 'ethnicity' taboo

Read more

THE DEBATE

Brexit's Biggest Fan: Trump weighs in ahead of Theresa May speech (Part 1)

Read more

THE DEBATE

Brexit's Biggest Fan: Trump weighs in ahead of Theresa May speech (Part 2)

Read more

ENCORE!

Posy Simmonds: 'French women have good handbags, English women have udders'

Read more

FOCUS

Security stepped up in Italy amid terror threat

Read more

ENCORE!

Music producer Uppermost: From the courthouse to the club

Read more

TALKING EUROPE

Bulgarian president-elect hopes for lifting of Russia sanctions

Read more

Europe

Sarkozy claims ‘progress’ in debt crisis talks with Merkel

Text by News Wires

Latest update : 2011-10-23

Following a telephone conversation Saturday with German Chancellor Angela Merkel, French President Nicolas Sarkozy said that progress had been made in talks between the two European leaders to contain the euorzone debt crisis.

AFP - French President Nicolas Sarkozy on Saturday cited "progress" in ongoing talks to contain the eurozone debt crisis after a telephone conversation earlier with German Chancellor Angela Merkel.

"I spoke to the chancellor this afternoon, there is progress, we are going to work tonight," he told reporters on arriving in Brussels ahead of a European Union summit Sunday.

Sarkozy and Merkel are to hold a tete-a-tete later Saturday.

Earlier, Merkel too said EU finance ministers had made "progress" in long talks to find a solution to the crisis but that no decisions would be made before an October 26 summit.

"Finance ministers made progress," Merkel said in Brussels on the eve of the Sunday summit, preceded by ministerial talks Friday and Saturday.

But she added: "There will be no definitive decisions before Wednesday."

After differences between France and Germany over how to contain spillover from the crisis dashed hopes of a final deal at Sunday's summit, EU leaders have decided to convene a second summit meeting on Wednesday.

Saying negotiations "will be difficult", Merkel said "this is why it is important for France and Germany to be active".
 

Date created : 2011-10-22

  • SPAIN

    Moody's ratings agency downgrades Spanish credit

    Read more

  • FRANCE

    Moody's warns France on possible negative outlook

    Read more

  • BANKING

    EU okays nationalisation of Dexia's Belgian arm

    Read more

COMMENT(S)