Merkel and Sarkozy stressed that Greece is one of the euro area. According to German media reports, the euro zone finance ministers agreed to cut 60% of the Greek debt.
According to him the measures of this overall program including the maintenance of the Monetary Union and the European banking stability.
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Merkel with Nicolas Sarkozy at a joint press conference that day, said the two countries have decided to protect the recapitalization of the banking sector, when necessary, "We are aware of their responsibilities". Sarkozy also pointed out that Merkel views regarding the possible recapitalization of the banks "totally consistent". Two no differences on the issue of the European financial stability tools.
European stock markets on the 10th morning,
modestly higher, the British, the French stock market rose more than 1% World Steel Pipe News .
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by Germany and France the two leaders will aid commitments of the European banking sector to boost U.S. stocks opened higher on Monday.
German Chancellor Angela Merkel met with French President Nicolas Sarkozy in Berlin on the 9th, Germany and France is willing to work together to protect the European banking sector in the European debt crisis.
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Sarkozy said the deal with the debt crisis in Europe "whole program" will be released before the end of this month, the financial summit of the Group of Twenty, held in Cannes, France in early November with a new vision of Europe "with the announcement.
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As Beijing on October 10, 9:34 p.m., the Dow Jones Industrial Average rose 186.03 points to 11289World Steel Pipe .15 points, or 1.68%; Nasdaq composite index rose 45.00 points, reported 2524.35 points, or 1.81%; standard Poor's 500 index rose 22.28 points to 1177.74 points, or 1.93 percent.
Europe and the United States stock market to rise