French President Nicolas Sarkozy (R) and visiting German Chancellor Angela Merkel attend a joint press conference in Colombey-les-deux Eglises, France, Oct. 11, 2008. Merkel and Sarkozy emphasized here that European countries and even the international community should work together to shoulder the spreading financial crisis on Saturday.(Xinhua/Zhang Yuwei) Photo Gallery>>>

    COLOMBEY-LES-DEUX-EGLISES, France, Oct. 11 (Xinhua) -- French President Nicolas Sarkozy and German Chancellor Angela Merkel on Saturday called for joint actions from Europe or even the world to fight the ongoing critical financial crisis.

    At a joint press conference after their meeting, Sarkozy said France and Germany hold the same views on the financial crisis.

    He said France and Germany will bring forward their suggestions on tackling the crisis at a Paris summit scheduled for Sunday, which will focus on the crisis and be attended by leaders of all 15 eurozone members.

    Sarkozy said all European Union members should also coordinate their stances after the eurozone members coordinate their positions, adding an international summit should be held afterwards to discuss how to deal with the current financial storm.

    Merkel said European countries should adopt coordinated and synchronous measures to fight the crisis, but flatly rejected a common rescue fund for Europe. She said every country should take methods mainly based on their own economic situation, but their methods should be synchronized.

    Sarkozy said a common rescue fund would raise "gigantic problems" when coordinating the necessary rapid response among European nations.

    Before their meeting, the two leaders inaugurated the Charles de Gaulle Memorial in northeastern France in a move to show the continuing development of bilateral ties.

    Meanwhile, French Finance Minister Christine Lagarde said during an interview that governments of the eurozone may announce at the upcoming Paris summit that they will follow the British example to buy their banks' stocks.

    "It's very likely, because European banks are also under-capitalized," she said.