• Supports EU treaty change if needed
  • Need automatic trigger for euro-area sanctions
  • Intervention in national budgets has to be limited
  • Favors rule change for euro zone, if possible for all EU
  • UK mustn’t get special rules for financial market
  • Banking license for ESM interesting idea
  • Summit can calm situation if right decisions taken
  • Agrees to most of Franco-German proposls in paper

Dow Jones reporting.