Sarkozy: France and Germany cooperation of crucial importance for the EU

Note: This section contains information in English only.
Source: BBC
© Scanpix/Reuters

Nicolas Sarkozy, the French President announced France and Germany have to cooperate as close as possible to facilitate stabilization in the euro-zone. He stressed that the euro will exist only if the Eurozone economies are tied together and put joint efforts to resolve the crisis. More rigorous financial discipline is necessary with sanctions for members that did not comply with their obligations, he added.

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