Sarkozy, Merkel want Van Rompuy as 'Mr Euro'

The leaders of France and Germany unveiled plans on Tuesday (16 August) for closer economic integration in the euro zone, including deficit limits enshrined in national law and biannual summits chaired by European Council President Herman Van Rompuy.Under heavy pressure to restore confidence in the euro zone following a dramatic market slump earlier this month, President Nicolas Sarkozy and Chancellor Angela Merkel vowed to stand shoulder-to-shoulder in defending the single ...

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