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Ministers reaching out to the hard-working low paid do not make a convincing case for saying that their "national living wage" reforms will compensate for cuts in what used to be called the social wage – benefits and services – elsewhere.
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It might do so once more.The foreign ministers reached other, less contentious, agreements as well.
In Europe, European Union finance ministers reached agreement to make the European Central Bank the bloc's top banking supervisor, which could increase confidence in the ability of European Union leaders to confront the euro zone's sovereign debt crisis.
On Monday, the ministers reached an accord with Spain that it would make additional efforts "beyond what has already been announced by the Spanish authorities so far," cutting its budget deficit by another further 0.5 percent of gross domestic product this year.
Euro zone finance ministers reached a deal last week to keep the Greek government operating through the summer but put off the question of how to provide a second bailout to meet its financing needs through 2014.
Last week, in a victory for Paris and Berlin, European energy ministers reached a preliminary deal under which the utilities could retain ownership of their transmission networks as long as they were managed independently and under supervision.
Meeting in Paris today, the three foreign ministers reached what one of them, Joschka Fischer of Germany, called "a very great convergence of views on the central role of the United Nations".
Talks between the Israeli and Palestinian prime ministers reached an impasse over the issue of troop withdrawals and release of prisoners, with Ariel Sharon of Israel saying that Mahmoud Abbas, his Palestinian counterpart, must first dismantle militant groups.
Opec is slated to meet informally in Algiers, and hopes rose last week following comments from Opec's secretary general, Mohammed Barkindo, that this gathering could be formalized if the group's ministers reach an agreement.
It is the second time in the job for Mr Frenkel; he led the central bank during the 1990s, when he was credited with bringing rampant inflation in Israel under control.Another step was taken towards a European banking union when finance ministers reached a deal that would force creditors to shoulder losses at bust banks.
With the vote in hand, Mrs. Merkel can now travel to Brussels for a summit meeting of European leaders on Thursday and Friday with the parliamentary approval necessary to agree to a deal European finance ministers reached last week to keep Greece from a disorderly default.
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