Financial Markets in Europe down after Talks

What is it about Angela Merkel and Nicolas Sarkozy? Everytime they meet financial markets are in turmoil and most of the times it is because they do not make the right decisions. The last meetings were in response to the stock markets crashing last week. They are proposing to introduce a tax on financial transaction as well as tighter economic cooperation in the EU which should be introduced on a step by step basis. It remains to be seen if this can calm investors.


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