In two weeks, the European Union will consider whether high-debt countries will be forced to take austerity measures like introducing wage cuts, employment freezes and longer working weeks.
VOA: standard.2010.03.01
Germany's Chancellor Merkel believes that only with fiscal and political union can the zone consider common debt.
If they are close to some kind of deal like this that is palatable to the President, would he consider extending the debt ceiling for a couple weeks or something like that, to allow a good deal to get done?