Update: 17/08/2011 - debt - European Union - eurozone - France - Germany
Sarkozy, Merkel urge EU to deny funds if deficits persist
In a joint letter to EU president Herman Van Rompuy, French President Nicolas Sarkozy (right) and Chancellor Angela Merkel (left) said the EU should block countries that do not reduce their deficits from access to the bloc's structural funds.
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