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Hollande and Merkel pledge joint eurozone proposals


Hollande and Merkel pledge joint eurozone proposals

The new French President Francois Hollande and the German Chancellor Angela Merkel have vowed to put forward joint proposals to next month’s EU summit on tackling the eurozone crisis .
They held their first meeting and news conference in Berlin, on the day Hollande officially took office.
Another informal summit is to be held next week.
The two leaders also said they wanted Greece to stay in the eurozone. President Hollande said he wanted the Greek people to know that Europe was ready to help them generate growth.
Both avoided going into detail on their differences over austerity versus growth, but these are early days and this was essentially a getting-to-know-you session.
Many in Europe who oppose austerity are looking to the new socialist French president to take a lead in promoting less painful measures towards recovery.


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