Sarkozy and Merkel agree last-ditch compromise in desperate bid to avert catastrophic default
Faced with the looming threat of global economic meltdown, the leaders of Germany and France buried their sharp differences over the worsening Greek debt crisis yesterday and issued an urgent call for EU agreement on a new rescue package for the financially stricken country.
Chancellor Angela Merkel and President Nicolas Sarkozy made their appeal after a three-hour meeting in Berlin to discuss the crisis as the Greek Prime Minister reshuffled his cabinet in an effort to show that his government could face down the political calamity provoked by his country's economic woes.
The Independent
