Sarkozy nudges Merkel but fails to take lead

The French leader may be expressing widely-held alternative views, but even if these prevailed, the eurozone's fateful imbalance would remain, writes Simon Kingsley in Berlin.

4th December, 2011

It's a tradition for participants in summits to lay out their stalls beforehand, state positions that are completely non-negotiable whatever happens - and do some political grandstanding on the afforded stage.

First out of the gate was president Nicolas Sarkozy of France, who pledged last week that no eurozone country would be allowed to default, arguments with Germany would cease and the two countries would work together to guarantee Europe's future: "France and Germany, after...

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