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måndag, december 05, 2011

France and Germany 'want new Euro treaty'

Angela Merkel and Nicolas Sarkozy are meeting in Paris even as I write, trying to thrash out their differences over saving the Euro. It's reported that they are planning a new treaty but the compromise between them will have to be great. Ms Merkel wants a tight fiscal union that punishes anybody who offends its limits, while Sarkozy is rather more elastic in that somewhat French way.
Gary Gibbon is on the case. Gary is also looking at the extraordinary tensions that the Euro saga is throwing up inside David Cameron's Conservative Party. It is a tension between those who want to get out of Europe altogether and hope to use a referendum for doing so and those who have little love for Europe but who want the Euro to succeed, at least long enough to save Britain's economic bacon. /CHANNEL 4 NEWS SNOWMAIL

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