i on europe


Brussels blog by some wire service journalists

“Merkozy” relationship of German, French leaders suffering from economic woes



BRUSSELS (AP) — They were so close at one point that people started calling them “Merkozy” — but you can always count on money to break up a beautiful relationship.

German Chancellor Angela Merkel and French President Nicolas Sarkozy still talk on the phone every day and meet plenty for dinner. But nowadays, as yet another summit of European leaders approaches Wednesday, they mostly just discuss the finances that divide them — some hundreds of billions of euros.

Since its inception over half a century ago, the European Union has counted on the strong bond between former enemies Germany and France to take the lead and create an ever stronger bond.

With the financial crisis, that center is under ever more pressure. And it shows.



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