Leaders of Europe's four biggest economic powers have gathered in Paris for a mini-summit where they will try to draft a coordinated response to the global financial crisis.
French President Nicolas Sarkozy, whose country currently holds the European Union's rotating presidency, will host the meeting with leaders of Germany, Britain and Italy. Germany has rejected an idea floated by France for a 300-billion-euro European fund to rescue troubled banks. Both Germany and Britain say they are reluctant to commit taxpayers' money to European leaders to discuss ways to face financial crisis ...
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EU to include aviation in "Emission Trading Scheme" ... a Europe-managed fund. The summit comes ahead of the Group of Eight meeting of finance ministers in Washington next week.
(Deutsche Welle)
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