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  • 21/08/2012
British Prime Minister David Cameron has said that he and Germany's Chancellor Angela Merkel have agreed on the need for "decisive action" to resolve the eurozone debt crisis, following talks in Berlin.

Merkel and Cameron downplayed differences between Germany, the eurozone's biggest economy, and non-eurozone member Britain, in a news conference after Friday's discussions.

Cameron said the two leaders agreed that "we need to take decisive action to help stabilize the eurozone". He acknowledged that the two countries have differences but said that they can "deal with" them.

Merkel highlighted the two countries' common interest in getting public finances in order and ensuring that a European Union budget increase is kept in check.

But there was no sign of progress on differences over Germany's wish for a financial transaction tax in Europe.

A Jazeera's Paul Brennan reports.

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