The next several days will be a busy time for EU officials who plan to hold five meetings before Wednesday, October 26 in order to discuss the ways of dealing with the sovereign debt crisis in the Eurozone. But finding a definite solution to the euro area problems will be a strenuous task as the two largest EU economies, France and Germany, remain divided on such crucial issues as the strengthening of the EFSF. Divergence also exists between the French and the European Commission's ideas of the EFSF operating principles. Earlier this week President Nicolas Sarkozy suggested that the EFSF should be turned into a bank ... (full story)