Merkel and Sarkozy respond to S&P move

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
French President Sarkozy and German Chancellor Merkel released a joint statement yesterday saying they respect and take into account S&P decision. Nevertheless, both leaders insisted that tighter fiscal alliance and stricter control of national budgets and economic policies will promote financial stability growth across the region.

 

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