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6/14/10

Merkel, Sarkozy meeting in Berlin ahead of EU summit

Chancellor Angela Merkel is holding talks with French President Nicolas Sarkozy in Berlin before a European Union summit later this week. The two leaders were meeting Monday to co-ordinate their strategies as the continent considers how to curb the eurozone debt crisis.

Despite recent tension over bailout packages for Greece and the eurozone, the two wrote a joint letter last week urging the European Commission to speed up efforts to regulate financial markets. Merkel and Sarkozy say the bloc should consider prohibiting the naked short selling of some shares and bonds.

For more: The Canadian Press: Merkel, Sarkozy meeting in Berlin ahead of EU summit

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