French President Nicolas Sarkozy waves goodbye to German Chancellor Angela Merkel on Monday as she leaves the Elysee Palace after their meeting in Paris. The two leaders discussed a cohesive plan to help save the euro through stricter oversight of government budgets. The warning by Standard & Poor's of a possible credit downgrade of European nations over the debt crisis came after U.S. financial markets closed Monday. (Associated Press)

French President Nicolas Sarkozy waves goodbye to German Chancellor Angela Merkel on Monday as she leaves the Elysee Palace after their meeting in Paris. The two leaders discussed a cohesive plan to help save the euro through stricter oversight of government budgets. The warning by Standard & Poor's of a possible credit downgrade of European nations over the debt crisis came after U.S. financial markets closed Monday. (Associated Press)