German Chancellor Angela Merkel and French President Nicolas Sarkozy, speaking in a joint press conference after their meeting in Paris on 5 December, announced their across-the-board agreement on how to counter the Eurozone's sovereign-debt crisis, saying that the details of the agreement will be sent to European Council President Herman van Rompuy on 7 December.

In their joint press conference, they clarified three points. First, that there will work towards a change to the European...


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