Sarkozy and Merkel
Media playback is unsupported on your device
Video

Euro leaders begin crunch talks

German Chancellor Angela Merkel and French President Nicolas Sarkozy have hammered out a common position on the euro debt crisis.

A statement by the French president's office said agreement had been reached after seven hours of talks in Berlin.

It comes ahead of a crunch meeting of eurozone leaders to resolve the Greek debt crisis and prevent further contagion to other eurozone economies.

Chris Morris reports.

  • 21 Jul 2011
  • From the section Europe