No deal on European debt crisis
Posted Aug 17, 2011 05:17:45 AM.
This article is more than 5 years old.
Leaders of France and Germany ended their Paris meeting without an agreement on measures to deal with the European debt crisis.
Experts were hoping for short-term rescue solutions.
Nicolas Sarkozy and Chancellor Angela Merkel did say all countries using the euro should have mandatory balanced budgets and better co-ordinated economic policies to protect the currency.
The Toronto stock market ended its five-day rally Tuesday, closing with a triple-digit decline of 153 points.
The Dow closed down 77 points.
