Sarkozy, Merkel to Discuss Economic Convergence, Treaty Jan. 9

French President Nicolas Sarkozy and Germany’s Chancellor Angela Merkel will discuss European economic convergence and a new treaty when they meet in Berlin on Jan. 9, France’s budget minister and government spokeswoman Valerie Pecresse said today.

Speaking to reporters after the weekly cabinet meeting in Paris, Pecresse said the government will proceed with its plan for a tax on financial transactions, in spite of the risk of foreign competition, and use the money collected for domestic issues.

The French senate will vote on legislation that makes it a crime to deny any genocide recognized by French law before the end of January, Pecresse said. The bill is a “general” one and isn’t “against Turkey,” she told reporters.

To contact the reporter on this story: Helene Fouquet in Paris at hfouquet1@bloomberg.net

To contact the editor responsible for this story: Steve Rhinds at srhinds@bloomberg.net

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