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Merkel and Sarkozy discuss economic crisis by phone
Published in Saudi Press Agency on 07 - 12 - 2008


German Chancellor Angela Merkel and French
President Nicolas Sarkozy spoke at length with one another Sunday by
phone about the economic crisis, a spokesman in Berlin said, according to DPA.
The talk, in advance of their consultations with Britain and the
European Commission, also covered global-warming issues, said
Merkel's spokesman Ulrich Wilhelm.
He termed it "a long, friendly conversation." Both are to meet at
the European Union summit this Thursday and Friday, and in Wilhelm's
words, "make a joint success" of the upcoming EU pact on climate
change and energy.
Merkel has come under fire both at home and abroad for her
rejection of dramatic quick-fire economic stimulus moves by
government to prevent the recession worsening.
She contends her government's spending decisions since October,
which have totalled 32 billion euros (40 billion dollars), all
qualify as economic stimulus, though some critics charge the spending
had been planned long-term.
According to Wilhelm, Sarkozy "welcomed" the "German economic
package."
Sarkozy this week unveiled a 26-billion-euro emergency stimulus
plan that includes a 1-billion-euro loan for carmakers and 5 billion
euros of new public-sector investments.
"The chancellor voiced her satisfaction at the French plan, which
has a similar scale to the German one as a proportion of gross
domestic product," Wilhelm said.


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