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Nicolas Sarkozy threatened to pull France out of the euro

Posted By admin On May 14, 2010 @ 7:13 am In Featured Stories,World News | Comments Disabled

Giles Tremlett and Richard Wray
London Guardian [1]
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.

Full article here [1]


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[1] London Guardian : http://www.guardian.co.uk/business/2010/may/14/nicolas-sarkozy-threatened-euro-withdrawal

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