Financial markets expect the G20 leaders for closer cooperation, said in Los Cabos, German Chancellor Angela Merkel reiterated the call towards a deeper cooperation at European level, according to AFP.
"I insisted that we need a more integrated and deeper cooperation," said Merkel at the G20 summit.
"Financial markets expect us to cooperate more closely," she adds.
German Chancellor has described as "balanced" discussions on the first day of the G20 summit.
"We need a good dose of budgetary balance and restore growth," said German Chancellor.
In turn, the French President, Francois Hollande, said the EU must "own answer" to the current crisis, without waiting for solutions from outside.
"I met with German Chancellor Angela Merkel, sit at the table to the plenary meeting. I was coherent because they have to say the Europeans will solve all the euro area. It is our responsibility," said Hollande.
"In Germany we have some differences. But Europe must have a common response, which must come from outside. France and Germany, given their places in the European Union must work together," Hollande insisted .
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