Dec. 6 (Bloomberg) -- Spanish Prime Minister Jose Luis Rodriguez Zapatero said he hopes the French-German plan announced yesterday for tighter European economic cooperation will calm financial markets.

“Yesterday’s accord must be followed up, evaluated and debated by EU leaders,” Zapatero told reporters in Madrid. “I hope markets will react positively and we can expect a quieter period as is necessary for the economic recovery,” he said.

To contact the reporter on this story: Angeline Benoit in Madrid at abenoit4@bloomberg.net

To contact the editor responsible for this story: Andrew Davis at abdavis@bloomberg.net