The Independent: Sarkozy understands 'zero' about economics, says Bundesbank boss - by John Lichfield
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Sarkozy understands 'zero' about economics, says Bundesbank boss - by John Lichfield
Tensions on economic policy between the French President, Nicolas Sarkozy, and other European leaders burst into the open at the weekend. The president of the German Bundesbank, Axel Weber, said that M. Sarkozy had demonstrated "zero" understanding of economic realities in his constant criticism of the European Central Bank. The German and Austrian finance ministers and Luxembourg's Prime Minister, Jean-Claude Juncker, also suggested that M. Sarkozy should concentrate on France's own economic failings, rather than keep up his constant drumbeat of complaints about the management of the euro.
