US leader Barack Obama has effectively taken France's side against Germany in the EU debate on the financial crisis.
Speaking to press in off-the-cuff remarks after a Nato summit in Chicago on Monday (21 May), he endorsed three ideas championed by France on how to stop Greek contagion and how to prevent recession from bringing down Italy or Spain: a massive EU bail-out fund; lower interest rates; and an EU-level strategy on growth.
"We've got to put in place firewalls that ensure...
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Already a member? Login hereAndrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.
Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.