Friday, May 14, 2010

Sarkozy Threat to Leave Euro Was a Bluff

Drudge is blasting with this headline:

PAPER: SARKOZY THREAT TO PULL FRANCE OUT OF EURO

Here's what really went down:
Spanish Prime Minister Jose Luis Rodriguez Zapatero told his party members that France, Italy and Spain had formed a united front against Germany at the Brussels meetings and that Sarkozy had threatened to break up a traditional France-Germany "hold" on the rest of Europe, according to El Pais...Another source present at the meeting between Zapatero and his party members and cited by the paper said: "Sarkozy ended up banging his fist on the table and threatening to leave the euro...This forced Angela Merkel to give in and reach an agreement.
If anybody ditches the euro, it's going to be Germany moving first, not France.

1 comment:

  1. This doesn't make any sense. Sarkozy throws a tantrum and Merkel caves? Something is missing.

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