Spain, France vow action on eurozone crisis | Bangkok Post: news

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Spain, France vow action on eurozone crisis

The leaders of France and Spain vowed concerted action on the eurozone as they met amid IMF calls for new measures to control the debt crisis threatening the global economy.

French President Francois Hollande (R) and Spain's Prime Minister Mariano Rajoy sign cooperation agreements during a Franco-Spanish summit at the Elysee Palace in Paris, on October 10. The leaders of France and Spain vowed concerted action on the eurozone as they met amid IMF calls for new measures to control the debt crisis threatening the global economy.

French President Francois Hollande and Spanish Prime Minister Mariano Rajoy also downplayed the International Monetary Fund's pessimistic growth forecasts for next year.

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