Article

2010-05-14 Europe

Sarkozy threatened to quit euro in showdown with Germany over Greece

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Posted by tipper 2010-05-14 08:41|| || Front Page|| [2 views ] Top

#1 I imagine the typical German on the street is fuming about this for several reasons. The first is that France gets a huge chunk of the EU budget as farm subsidies. The second is that, as such, it was a pathetic threat, and Merkel buckled under that little bit of pressure.

I could imagine a similar situation in the US were say, Obama to propose a 10% federal tax increase, solely to pay Mexican companies to hire more Mexicans.

Posted by Anonymoose 2010-05-14 09:43|| 2010-05-14 09:43|| Front Page Top

#2 I wonder why Merkel did not accept Sarkozy offer. A large part of Greece problem is the euro. If the euro goes, Greece can devalue her currency. Germany does not have to pay anything.

Posted by Bernardz 2010-05-14 10:21|| 2010-05-14 10:21|| Front Page Top

#3 I was against the Euro, when it was forced upon us without any democratic controls. It was the price Germany had to pay to France for its reunification.

The Euro never made sense economically because the economies of the countries were so different.

But Sarkozy threatening to leave the eurozone? Good riddance. We can have the Deutsche Mark back in no time, thank you very much.

Every promise, every guarantee about the euro has been broken.

Posted by European Conservative 2010-05-14 11:53|| 2010-05-14 11:53|| Front Page Top

#4 Bernardz... unfortunately no.
Nobody is bailing out Greece (or any other country) but once again banks.

I wonder how much longer the people will suffer being robbed blind this way. "Saving the Euro" with hundreds of billions? What for?

Posted by European Conservative 2010-05-14 11:57|| 2010-05-14 11:57|| Front Page Top

#5 It would be in Germany's best interest to leave the EU. They are getting dragged down with the dregs.

Posted by DarthVader 2010-05-14 12:09|| 2010-05-14 12:09|| Front Page Top

#6 Not the EU. But the EU needs sweeping democratic reforms, and the EU Commission needs to be abolished. This is not an elected entity but influences our daily life more than national parliaments. This must end.

Posted by European Conservative 2010-05-14 12:12|| 2010-05-14 12:12|| Front Page Top

#7 FRENCH President Nicolas Sarkozy has threatened to pull his country out of the euro currency group to force Germany to help Greece with its debt crisis...

Angela Merkel should have said, "Pull my finger Sarky"

Posted by Procopius2k 2010-05-14 12:36|| 2010-05-14 12:36|| Front Page Top

#8 Germans should be honored to pay. From each according to his abilities, to each according to his needs.

Posted by gromky 2010-05-14 14:53|| 2010-05-14 14:53|| Front Page Top

#9 I don't know about the folks up north, but I can probably tell you what the people down in Bavaria think of the concept of the French pulling out, wahhahahahaha.

Posted by Besoeker 2010-05-14 17:44|| 2010-05-14 17:44|| Front Page Top

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