Dec 7, 2011

Marketplace Index for Wednesday, December 7, 2011

German Chancellor Angela Merkel and French President Nicolas Sarkozy -- "Merkozy" for short -- laid out their plan in an open letter to European Council President Herman Van Rompuy today. The plan calls for stricter budget controls for eurozone nations and comes before the regions leaders meet again tomorrow evening and Friday. We spoke with Matthias Matthijs, a professor of political economy at both the Johns Hopkins and American Universities.

Segments From this episode

Daily Pulse

Consumer credit hits two-year high

by Duncan Wilson

Dec 7, 2011

The amount of money consumers owe in credit -- excluding mortgages -- grew by $7.7 billion in October, hitting a two-year high.

European Debt Crisis

A German tea party with a French pastry

by David Brancaccio

Dec 7, 2011

German Chancellor Angela Merkel and French President Nicolas Sarkozy lay out their plan for stricter budget controls for eurozone nations in an open letter to European Council President Herman Van Rompuy.

German Chancellor Angela Merkel and French President Nicolas Sarkozy — “Merkozy” for short — laid out their plan in an open letter to European Council President Herman Van Rompuy today. The plan calls for stricter budget controls for eurozone nations and comes before the regions leaders meet again tomorrow evening and Friday. We spoke with Matthias Matthijs, a professor of political economy at both the Johns Hopkins and American Universities.