Nov 3, 2008

Stir the financial crisis in the EU relations


Recently, as the European financial market ups and downs, France and Germany on this "iron buddy" drifting further and further away, and consistent with the European continent Ruojiruoli of Britain has become the object was to draw each other. The EU "Big Three" for the sake of their interests, the relationship between subtle changes are taking place. Sarkozy argued that the euro-zone member states should be regular meetings between the leaders, play an "economic government", in order to strengthen policy coordination in the euro zone. In addition, the EU should set up a fund strategies, in time to buy a substantial shrinking of domestic banks and major corporate shares, to avoid being an outsider, "hunters." Germany believes that the establishment of the euro area "economic government" will endanger the independence of the European Central Bank, the European Union will split into two camps, causing dissatisfaction with the non-euro area member states, and Sarkozy on the establishment of strategies to protect their own industries fund The proposal also runs counter to the idea of a free market economy. When the relationship between France and Germany feel the financial crisis in bursts of "cold", the European Union as the "Big Three" of Britain has become one of France and Germany between the two countries compete to draw the object, British Prime Minister Brown seems "Xiang Bobo" .