Wednesday, October 22, 2008

Nein, Danke

Sarko has been busy cooking up a new plan to keep himself in the EU hotseat past December. He wants to create a "European economic government", partly by establishing a parallel EU Council of eurozone leaders, of which he will be President for the whole of 2009.

According to Le Monde, he neglected to consult Angela Merkel about the idea before announcing it in the European Parliament yesterday, along with plans for a sovereign wealth fund, and a plethora of protectionist measures - "I don't want the citizens of Europe to wake up in a few months and discover that European businesses belong to non-European capitals", he said.

Well Spiegel has helpfully put together the reaction from across the German political and media lanscape today. And it ain't good.

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