France and Germany plan changes to EU treaties

Germany's Angela Merkel and France's Nicolas Sarkozy are to propose modifications to EU treaties designed to improve governance of the eurozone.

The announcement came after their first meeting with Italian Prime Minister Mario Monti since he took office.

Mr Sarkozy said they would "propose modification of treaties to improve eurozone confidence so there is more integration and convergence".

Mrs Merkel said they would not change the role of the European Central Bank.

The modifications are to be proposed over the next few days, but no details have yet been released.

Read Full Article from BBC

- Posted: 2011-11-24 13:43:00

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