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Merkel, Sarkozy to lead talks at Franco-German ministerial council

Other News Materials 6 February 2012 10:40 (UTC +04:00)
German Chancellor Angela Merkel is to lead a team of ministers to Paris Monday for a summit with French President Nicolas Sarkozy and several senior members of his cabinet
Merkel, Sarkozy to lead talks at Franco-German ministerial council

German Chancellor Angela Merkel is to lead a team of ministers to Paris Monday for a summit with French President Nicolas Sarkozy and several senior members of his cabinet, DPA reported.

The two leaders and their finance, labour, defence and foreign ministers, among others, are to discuss plans to harmonize French and German corporation tax rates by 2013.

The leaders are to also discuss the situation in Greece in the Franco-German ministerial council, which has been meeting regularly since 2003.

Greek Prime Minister Lucas Papademos gave coalition party leaders a deadline of Monday to accept the tough terms set out by international lenders in return for a second 130-billion-euro (170-billion-dollar) bailout that the country urgently needs to avoid a default.

Merkel and Sarkozy, who faces a presidential election in April, are to also give a joint interview to the France 2 and ZDF television channels.

Merkel's visit to Paris came a week after the leader of her Christian Democratic Union (CDU) party endorsed Sarkozy for re-election against Socialist front runner Francois Hollande.

CDU general secretary Hermann Groehe also announced Merkel would join Sarkozy on the campaign trail.

Sarkozy was expected to officially announce he is seeking a second term by early March.

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