France remains on the warpath about beggar they nation currency policies (or lack of policy, in the case of the UK) and says he wants the subject added to the agenda at the upcoming G20 meeting in London this April. I guess if it can wait until April, it must not be that big a deal, right?
EUR/GBP has fallen since France began voicing its concerns over GBP weakness about two weeks ago. With Sarkozy still talking about the subject, it must not yet be mission accomplie.
Sarkozy also said that the euro would be threatened if members did not maintain minimum fiscal efforts. It is not clear whether he is talking about efforts to revive their economies or efforts to maintain fiscal discipline.
