4:00am

Thu December 8, 2011
Europe

High Stakes For Europe, World Economy In Brussels

France and Germany are trying to persuade other European countries to sign onto a package of reforms aimed at shoring up the embattled euro. They're hoping to win agreement in time for Friday's big summit of European leaders in Brussels. A failure to reach agreement could send the wrong signal to the financial markets, which are already deeply worried about Europe's fiscal problems.