Thursday, 24. November 2011

Merkel and Sarkozy agree to disagree


It is a sign of the severity of the eurozone crisis that Chancellor Merkel and President Sarkozy are now meeting almost once a week.

They meet, smile, shake hands but with each passing summit the eurozone crisis only deepens.

This is a crisis being driven by the financial markets. The two big political beasts of the eurozone react but they cannot agree on a strategy that gets ahead of the crisis.

bbc.co.uk economist.com

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