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Sarkozy investigation riles French politics

The development threatens to derail a political comeback many believe the center-right Sarkozy had hoped to stage in 2017 by running against President Francois Hollande, the Socialist leader who defeated him last year.

The debt brake: Germany’s most dangerous export?

BERLIN — Merkel’s fiscal union “contractually pledges countries to recession and stagnation and maybe even deflation,” argues one economist.

Bad news for Sarkozy as aide comes under investigation in party financing scandal

Brussels — Scandal could further damage re-election hopes for Sarkozy, who is trailing Socialist contender ahead of April presidential election.

France and Turkey in war of words over Armenian genocide

Turkish Prime Minister Recep Tayyip Edrogan recalls his ambassador from France following vote in France's National Assembly
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What's in a word? When it comes to Genocide a lot. A Turkish man holds a placard reading 'Genocide is a lie' in front of the French Consulate in Istanbul following vote in French Parliament making it a crime to deny the death of 1.5 million Armenians in 1915 at the hands of the Ottoman empire was genocide (BULENT KILIC/AFP/Getty Images)
France and Turkey in war of words over Armenian genocide
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Euro zone crisis summit: the spinning begins

Leaked reports, anonymous quotes and threats from Tory backbenchers fill the time while waiting for the leaders to make their decisions.
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The flowers aren't Angela Merkel just yet. These are for a cabinet colleague's birthday. Merkel's laurels may be presented if the EU summit endorses her plans for rescuing the euro (Sean Gallup/AFP/Getty Images)


At the press conference following their meeting Monday, German Chancellor Angela Merkel and French President Nicolas Sarkozy were deliberately vague about their agreed plan for saving the single currency.

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VIDEO: Sarkozy visits Bruni and daughter in Paris clinic

Nicolas Sarkozy has paid his third visit to the maternity clinic where Carla Bruni gave birth to their daughter on Wednesday night. The French president missed the birth to attend euro crisis talks in Germany, and on Thursday proceeded with a visit to western France as scheduled.

Europe starts the week in limbo

French-German summit ends with nothing more than a pledge to have a plan in place before G-20 summit next month. Can the markets wait that long for a resolution to Greek debt situation and possible spread of contagion to Spain and Italy?

Start The Week

The weekend is supposed to offer a bit of breathing space and down time ... it normally allows problems to be put in perspective so they can be dealt with more effectivey when the new week starts.

Well, having rested up it seems like Europe's leadership and punditocracy have used their two days off to get even more nervous about the economic prospects of Europa.

The main reason is the lack of anything substantial out of a meeting between French President Nicolas Sarkozy and German chancellor Angela Merkel. Sarkozy assured the press after the meeting, "We are very conscious that France and Germany have a particular responsibility for stabilising the euro."

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