Saturday 15 May 2010

Sarkozy threatened to pull out of euro over Greece row

The Guardian writes: "Nicolas Sarkozy threatened to abandon the euro unless Angela Merkeldropped her hostility to the EU's €750bn safety net for the single currency, sources in Brussels and European capitals said yesterday. In a confrontation between Europe's two most powerful politicians, the French president said he would walk out of the talks and warned of lasting damage to the Franco-German relationship unless the German chancellor backed the plans.

Read the full Guardian article here.