German Chancellor Angela Merkel today called for a new legally binding set of rules to control spending in all eurozone countries, with harsh fines for any rule-breakers.
European leaders met in France today to try to make headway on the ongoing debt crisis there. German Chancellor Angela Merkel emerged from those meetings unmoved.
Leaders of France, Italy and Germany are meeting in Strasbourg, and here's the headline: They want to change E.U. treaties so they can better deal with the debt crisis.