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Nicolas Sarkozy threatened to pull France out of the euro

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Giles Tremlett and Richard Wray
London Guardian
Friday, May 14th, 2010

French president Nicolas Sarkozy threatened to pull his country out of the euro if other EU countries, especially Germany, did not agree to help rescue debt-laden Greece.

The French president made his startling threat at a Brussels summit of EU leaders last Friday, at which the deal to bail out Greece was agreed, according to a report in El País newspaper quoting Spanish Prime Minister José Luis Rodríguez Zapatero.

Zapatero revealed details of the French threat at a closed-doors meeting of leaders from his Spanish socialist party on Wednesday.

Sarkozy demanded “a compromise from everyone to support Greece … or France would reconsider its position in the euro,” according to one source cited by El País.

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This article was posted: Friday, May 14, 2010 at 7:13 am





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