Cyprus-Forum.com

[Lit]

Nicolas Sarkozy threatened to pull out of euro over Greece row

French president Nicolas Sarkozy warned of damage to Franco-German relationship if Angela Merkel opposed EU plan

http://www.guardian.co.uk/world/2010/ma ... ela-merkel

[Lit]

http://www.independent.co.uk/news/world ... 71355.html

Was the euro saved by a call from Barack Obama?

Talks on the scale of a bailout deal to rescue the single currency were wavering – then the President intervened

By John Lichfield

The European Central Bank should perhaps mint a celebratory euro coin with Barack Obama's head on it. As the dust settles and the markets cool (perhaps temporarily), details are beginning to emerge of the frantic background negotiations which generated the €750bn plan to save the euro in the early hours of Monday. US officials – but not just US officials – are giving some of the credit to President Obama.

French presidential sources insist that the hero of the hour was Nicolas Sarkozy but that his newly-adopted policy of presidential decorum prevents him from blowing a whole brass section of trumpets, as he would have done a couple of months ago.

[Acikgoz]

Well it cost Merkel her majority.

Silly Germans - did they really expect the rest of the EU would become a little more like them if they shared the fruits of their hard earned prudence.

[bsharpish]

I thought no self respecting Frenchman would ever " pull out"