Even as the new year starts afresh, the Eurozone’s relentless debt worries continue to plague its leadership. It was announced that the heads of Germany and France will meet once again early next week to discuss and hammer out details for the new Eurozone budgetary rules that would enforce stricter discipline among its members. The agreement was originally proposed in December by Angela Merkel and Nicolas Sarkozy, and all Eurozone members save the United Kingdom, agreed to be bound by the new rules. The pair has said that they are anxious to resume fine-tuning the proposed amendment to the E.U. treaty, which will be presented at the January 23rd meeting of Eurozone Finance Ministers. Read more
