Awwal 29, 1432 H/March 4, 2011, SPA -- German Chancellor Angela Merkel predicted Friday after talks in Berlin that decisions made by eurozone countries at a summit next week would help reassure the international financial markets, dpa reported. Luxembourg Prime Minister Jean-Claude Juncker said after the meeting that apart from provisions on income policy, the most recent version of a planned competitiveness pact is "something that my government can live with." Merkel, who has been urging all 17 euro nations to agree on a pact to restore stability to the embattled common currency, said their summit on March 11 would produce a "strong signal" to the markets. As envisaged by Merkel, the competitiveness pact would set the same ground rules for economic policy in all 17 countries. "We agreed that we must do everything for the euro to be a strong currency," she said of her talks with Juncker. "It is not so much a matter of what we decide, but rather that we actually carry out what we decide." -- SPA
