Tuesday, May 8, 2012

Europe's fiscal pact is not negotiable:Angela


Chancellor Angela Merkel hopes build to relation of trust with France so that they can co-operate the stability of Europe.  Europe Fiscal plan has been signed and not negotiable.Tough talks expected between Merkel and Hollande on Europe's growth strategy.Both France and Germany is at cross roads  for their plans to be followed in their footsteps,who leaves his footprints in time to come.Thus German Chancellor Angela Merkel and French president-elect Francois Hollande are meeting to have talks on the way or ways to manage Europe's credit crisis and to bring economic stability in Europe.
Two  leaders will have their first meeting in Berlin next week following Hollande's inauguration.
The French leader-to-be is hoping to renegotiate the EU's treaty on fiscal discipline.
The German leader ruled out any changes to the treaty, but she said she hopes to establish trust with Hollande so they can cooperate for the stability of Europe.

Two leaders  have different views on Europe's growth strategy.

Merkel: will cooperate with Hollande:
German Chancellor Angela Merkel says she hopes to build a relationship of trust with France's president-elect Francois Hollande so that they can cooperate for the stability of Europe.

Merkel spoke at a news conference in Berlin on Monday after speaking with Hollande over the telephone.
She agreed to meet him at an early date after he assumes the presidential post.She said ties between Germany and France are the most important for Europe. Merkel said she and Hollande want to work on building a cooperative relationship between the two countries.

Merkel referred to Hollande's plan of renegotiating the European Union's treaty to strengthen fiscal austerity.

She said the fiscal pact is not negotiable and that it had been negotiated and signed.On the issue of economic growth measures which Hollande advocates, Merkel said she already drawn up a policy emphasizing growth and job creation

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