Crisis EU economic summit to be held - by Jamie Smyth
Czech prime minister Mirek Topolanek announced the Brussels summit yesterday in response to French and German pressure for the EU to show more leadership in the face of the crisis. He also strongly criticized French president Nicolas Sarkozy, whose protectionist policies he said risked pushing the entire EU in a “beggar-thy-neighbour” direction.
Note EU-Digest: Sarkozy welcomed the initiative and in a joint letter with German Chancellor Angela Merkel said "it remains essential to pursue a coordinated approach to maximize the advantages for the whole EU.The solutions can vary from country to country," they wrote to Topolanek. But "the principles have to be approved together" so all 27 nations can cooperate on the measures they can take to get out of the deteriorating economic slump.
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