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France and Germany to propose changing EU treaties

 French President Nicolas Sarkozy delivers a speech to mark the 3rd anniversary of the Fonds Strategique d'Investissement (FSI), a sovereign wealth fu...

France Sarkozy

French President Nicolas Sarkozy delivers a speech to mark the 3rd anniversary of the Fonds Strategique d'Investissement (FSI), a sovereign wealth fu...

French President Nicolas Sarkozy says that France and Germany will propose changing EU treaties to improve governance of the eurozone.
Sarkozy spoke after meeting with German Chancellor Angela Merkel and Italian Prime Minister Mario Monti on Thursday, their first meeting since Monti took over amid market panic over Italy's huge debts.
Sarkozy said that the three are committed to saving the shared euro currency.
France had been reluctant to make any changes to eurozone governance via treaty changes, something Germany had supported.
But Sarkozy said Thursday that France and Germany would present "propositions for the modification of treaties" in the coming days.