Leaders meet on European banking | Bangkok Post: breakingnews

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Leaders meet on European banking

French and German officials were scrambling to put together a compromise agreement on recapitalizing major European ahead of Sunday's meeting between the two countries' leaders.

German Chancellor Angela Merkel speeks at the party congress of the German Christian Social Union Party (CSU) in Nuremberg, southern Germany, on October 7. French and German officials were scrambling to put together a compromise agreement on recapitalizing major European ahead of Sunday's meeting between the two countries' leaders.

French President Nicolas Sarkozy meets German Chancellor Angela Merkel in Berlin on Sunday to discuss how best to recapitalise banks overexposed to risky sovereign debt.

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Writer: AFP News agency
Position: Agence France-Presse

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