Chancellor Angela Merkel and
French President Nicolas Sarkozy will discuss on Tuesday the
possibility of instituting national 'debt-brake' laws, similar
to that adopted in Germany, across the euro zone, a source said.
how to reinforce economic cooperation and contain the euro
zone's debt crisis.
Germany's fiscal policy is now partly governed by the debt
regular euro zone summits, as France has long sought, and ways
the idea of common euro zone debt issuance, supported yesterday
Germany fears such "euro bonds" would push up German
borrowing costs and reduce incentives for weaker euro zone
($1 = 0.692 Euros)