Posted by: Ben Vickers on October 26, 2011
French President Nicolas Sarkozy and German Chancellor Angela Merkel are said to be planning to meet bankers tonight in Brussels to negotiate the terms of a writedown on Greek debt, Bloomberg’s Helene Fouquet reports.
This news of the meeting is carried prominently by the websites of France’s Le Monde, Spain’s El Pais and Belgium’s Le Soir - Spanish and French speakers will see the ball landing resolutely in the camp of the bankers.
Meanwhile, Germany’s Frankfurter Allgemeine Zeitung and Sueddeutsche Zeitung are highlighting Merkel’s efforts to make her case within Germany. And Italy’s Corriere della Sera focuses on the Italian pension reform secured by Silvio Berlusconi.
Such differences trace deeper divides in Europe. Will everyone agree tomorrow how crucial the bankers are to any agreement on the debt crisis?