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Hollande fires warning shot at Merkel over austerity on eve of EU summit

From guardian.co.uk

François Hollande, the French president, has warned for the first time that the Paris-Berlin motor driving Europe could stall over deep differences on how to resolve the euro crisis, insisting on a climbdown by Angela Merkel in her emphasis on austerity and the surrender of national powers to tighten fiscal discipline. Giving the Guardian his first British newspaper interview since becoming president in May, Hollande said there was light at the end of the eurozone tunnel, but he also: • suggested Merkel was too preoccupied with domestic politics in her response to the crisis • demanded Berlin reverse its opposition t ... (full story)

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