Franco-German pre-accord key to ending euro crisis: France

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An agreement reached between France and Germany on the eve of Thursday's summit to discuss a new bailout for Greece was a precondition to ending the eurozone debt crisis, the French government said.

"It was an indispensable precondition to reassure our partners," government spokeswoman Valerie Pecresse told France 2 television.

"We must build the widest possible consensus and the first building block of that consensus, is obviously a common position" between France and Germany, she added.

German Chancellor Angela Merkel and French President Nicolas Sarkozy, the eurozone's key players, agreed on a "common position" after late-night talks in Berlin just hours before an EU summit convenes in Brussels to tackle the debt crisis.

© 2011 AFP

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