Here’s a breath of fresh air (cough, cough):

The two leaders proposed that European Union council President Herman van Rompuy head a new euro-zone council for two and a half years. Merkel and Sarkozy dismissed the idea of issuing euro-zone bonds, an idea that has been discussed in the media in recent days. The two leaders also plan to propose in September a tax on financial transactions.

More taxes, that what the global economy needs. Idiots.