President proposed for euro finance ministers

French finance minister Nicolas Sarkozy proposed this week that the finance ministers of the 12 eurozone countries should have a permanent president for two and a half years.

Speaking following a "eurogroup" meeting in Luxembourg, which brings together these finance ministers, Mr Sarkozy said, "The European Central Bank speaks with a single voice, the European Commission speaks with a single voice but in the Eurogroup, one speaks with 12 voices", according to AFP.

He proposed that a leader of the

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