"We would like negotiations to be completed in the next few days, and the contract to be signed by March 1st," Sarkozy told a press conference after meeting with German Chancellor Angela Merkel.
In December an EU summit in Brussels agreed to create a budget pact that would include 17 countries in the eurozone, and six other EU states - Great Britain, Hungary, the Czech Republic and Sweden have not signed the pact.
The budget pact is a document of strict financial discipline,requested by Germany.This budget pact provides new rules that will have a "constitutional character, or similar legal framework," the then head of the European Council Herman van Rompuy said.
