Wednesday, July 18, 2007

Sarkozy Sees `Positive' Movement in Germany's Merkel's Views on the Euro

(Bloomberg) -- French President Nicolas Sarkozy
said German Chancellor Angela Merkel's views on the euro are
moving closer to his own position, which calls for greater
political influence in monetary policy, the government spokesman
said.

``For him, it's not about questioning the independence of
the central bank but showing that monetary policy is a topic of
debate and dialogue,'' Sarkozy told the weekly Cabinet meeting
today in Paris, according to the spokesman, Laurent Wauquiez.
``In that respect, Madame Merkel's position has evolved in a
positive way.''


Read more at Bloomberg Currencies News

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