French, German leaders reject European rescue fund

 
By The Associated Press
Published: October 11, 2008

COLOMBEY-LES-DEUX-EGLISES, France - French President Nicolas Sarkozy and German Chancellor Angela Merkel have rejected creation of a common financial rescue fund for Europe . Sarkozy says that such a fund would pose "gigantic problems" coordinating the necessary rapid response among European nations. Merkel says that "there is no question of a European fund." The two spoke Saturday after commemorating the 50th ...

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