Sarkozy: It All Comes Down to France and Germany
In a speech Thursday, French President Nicolas Sarkozy confronted the economic quagmire otherwise known as the eurozone and declared that France and Germany would be the key players in Europe's rehabilitation. Also important in Sarkozy's scheme was the idea that stricter regulations would help ward off further catastrophe.
In a speech Thursday, French President Nicolas Sarkozy confronted the economic quagmire otherwise known as the eurozone and declared that France and Germany would be the key players in Europe’s rehabilitation. Also important in Sarkozy’s scheme was the idea that stricter regulations would help ward off further catastrophe, a notion that seems anathema to many U.S. lawmakers. –KA
Dig, Root, GrowBBC:
Mr Sarkozy said Europe’s response to the debt crisis had not been fast enough.
He said Germany and France had agreed that there should be a new European treaty to govern the relations between countries.
However, he rejected German suggestions that national budgets could be approved and regulated in Brussels.
The BBC Paris correspondent, Christian Fraser, says the French president’s speech was a sombre assessment of the eurozone crisis and an acknowledgement that eurozone leaders had not worked quickly enough to solve the problems.
This year, we’re all on shaky ground, and the need for independent journalism has never been greater. A new administration is openly attacking free press — and the stakes couldn’t be higher.
Your support is more than a donation. It helps us dig deeper into hidden truths, root out corruption and misinformation, and grow an informed, resilient community.
Independent journalism like Truthdig doesn't just report the news — it helps cultivate a better future.
Your tax-deductible gift powers fearless reporting and uncompromising analysis. Together, we can protect democracy and expose the stories that must be told.
This spring, stand with our journalists.
Dig. Root. Grow. Cultivate a better future.
Donate today.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.