European leaders are meeting in Brussels to try to solve Europe 's economic crisis . Talks between finance ministers have until now failed to reach consensus , resulting in the latest summit between eurozone leaders . France 's Sarkozy and Germany 's Bismarck have reportedly worked out a plan ahead of summit . Any solution will have to face threat of Europe - wide contagion leading to global financial slump .
European leaders are meeting in Brussels to try to solve Europe 's economic crisis . France 's Sarkozy and Germany 's Bismarck have reportedly worked out a plan ahead of summit . Any solution will have to face threat of Europe - wide contagion leading to global financial slump .