European leaders to meet to coordinate on financial meltdown

European leaders will meet on Sunday to search for a common response to the spreading financial crisis which has ricocheted across the Atlantic to their shores, and to try to preserve the bloc's unity. It could be a complex exercise for the 15 heads of state or government of the euro-zone, where the euro currency is used, because of the varied financial landscape in each country. German Chancellor Angela Merkel, stressing the need for a "coherent, efficient and synchronized" response, said Saturday that a "common tool box" could be the outcome. Individual countries "could use these tools to respond to (its) particular situation," she said after a meeting outside Paris with French President Nicolas Sarkozy.