France to Propose EU Treaty Changes

During a press conference earlier today, French President Nicolas Sarkozy and German Chancellor Angela Merkel attempted to patch up a public rift stemming from an incident last week. The two leaders also used the session to express confidence in newly-appointed Italian Prime Minister Mario Monti. As the heads of the two largest members of the Eurozone, Merkel and Sarkozy have made a great effort to present a united front while tackling the debt crisis. This is why markets were so surprised

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