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Article: How The Crisis Is Reviving The Old French-German Axis.(International Edition; EUROPE)(French-German relations)
- Article from:
- Newsweek International
- Article date:
- March 30, 2009
- Author:
CopyrightCOPYRIGHT 2009 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Tracy McNicoll
For all the destructive power of the economic crisis, there's one bridge it's rebuilding: Franco-German relations. French President Nicolas Sarkozy and German Chancellor Angela Merkel are making good on their promise to present a united front against the financial fallout. In a joint letter to the EU presidency last week, the leaders asserted that regulation and fiscal discipline would be their priorities, not new stimulus measures--a position at odds with the U.S. Meanwhile, Berlin gave Sarkozy the green light to cut the value-added tax on restaurant meals, after years of French pleading. The pair will cohost April's NATO summit, with ...
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