'German Chancellor Angela Merkel has said Europe is working towards setting up a "fiscal union", in a bid to resolve the eurozone's debt crisis.

She told the Bundestag that a new EU treaty was needed to set up such a union and impose budget discipline.

On Monday she is to meet French President Nicolas Sarkozy, who has also called for EU treaty changes. EU leaders have been under pressure to do more to tackle the debt crisis, amid concern about the survival of the euro.'

Read more: Rothschild Zionists Merkel and Sarkozy Urge Euro Fiscal Union to Tackle Debt Crisis (Lie and Lie Again to Trigger a Problem-Reaction-Solution to Advance Their Masters' Agenda for a Europe Fascist Dictatorship)