Thursday, December 08, 2011

France and the Euro


BBC News: Reports that French President Nicolas Sarkozy has stated that Europe could fall apart without a deal at the EU Summit. The Capitols of Paris and Berlin want a new EU Treaty that allows the EU Commission to regulate the Eurozone and to fine those Countries that break the rules. Lets recall folks there are already rules, but who broke these rules, lets have a guess, UK, NO, it was Germany and France. Lets be clear, if in the future the French need to break the rules they will, does not matter what the leaders say NOW. When it comes down to it France is about France, you have to respect that, if they do break the rules in the future, do you think Paris is going to care a second what the EU thinks, of course not, the UK PM should be firm with our European allies, at the end of the day UK PM Cameron should safeguard UK interests and prevent the Eurozone outvoting the UK in the future. Tense time ahead folks.

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