EU leaders deny split
UK: A split between Germany and other top European powers
opened up Monday after a meeting on how to rescue the continent's ailing
economies from the credit crunch, just days before a key European Union
Summit.
British Prime Minister Gordon Brown, French President Nicolas Sarkozy
and European Commission chief Jose Manuel Barroso gathered in London for
talks ahead of the European Council meeting in Brussels Thursday and
Friday.
But German Foreign Minister Frank-Walter Steinmeier Monday criticised
the absence of Chancellor Angela Merkel, head of Europe's largest
economy.
"I don't think it's good that the three are meeting alone and that
the chancellor is not there. There will certainly be some squabbles
before the next European summit," he said on German television.
Steinmeier added it was not appropriate for Barroso to be attaching
importance to the London meeting when efforts were being made around
Europe to ensure the Brussels summit was a success.
Merkel has faced criticism that her 31 billion euro bailout plan for
Germany over two years does not go far enough, while Britain - which has
led the way - France and the European Commission have been bolder.
Brown, Sarkozy and Barroso insisted there was no disagreement with
Germany on how to tackle the financial chaos ahead of the high-profile
European Council meeting.
"I do not share the view according to which on the eve of our
European Council, there is disagreement on the seriousness of the crisis
and the need for stimulus," said Sarkozy, whose country holds the
rotating EU presidency.
"Our positions have become much closer in the last few weeks," he
said, adding that all three leaders had telephone conversations with
Merkel on Sunday.
For his part, Barroso said there could be no "one size fits all
approach" to the credit crunch which would suit all 27 EU countries.
"It would be a complete mistake to think all countries have to be
exactly the same," he said.
"I have full confidence in the efforts that Germany is making... it
would be completely, completely unreasonable to think of any plan
without the active cooperation of Germany." Brown added there was
"common agreement between all the major countries".
The British premier's bailout plan for Britain's banks in October
drew plaudits from around the world and his government announced an
economic stimulus package worth 20 billion pounds (30 billion dollars,
23 billion euros) at the end of last month.
For his part, Sarkozy, whose country currently holds the rotating EU
presidency, last week unveiled a rescue plan to inject 26 billion euros
into the economy in 2009.
The European Commission has also proposed a 200-billion-euro stimulus
package aimed at hauling eurozone economies out of recession which will
be discussed in Brussels later this week.
Germany's Finance Minister Peer Steinbrueck reportedly rejected calls
for it to spend more on tackling the economic crisis last month, saying
that "just because all the lemmings have chosen the same path," that did
not make it right. LONDON,
Tuesday, Reuters |