| Index | Last | Var.(%) |
|---|---|---|
| BEL 20 | 2119.3 | 0.50 |
| DAX | 5252.45 | 1.50 |
| IBEX 30 | 10726.8 | 0.59 |
| CAC 40 | 3377.59 | 1.40 |
| FTSE 100 | 4564.5 | 0.79 |
| AEX | 276.85 | 0.95 |
| DJIA | 9096.72 | -0.13 |
| Nasdaq | 1975.51 | 0.39 |
| FTSE MIB | 20341.67 | 1.65 |
| TSX Composite | 10570.54 | -1.74 |
| ASX | 4148.9 | -0.60 |
| Hang seng | 20135.5 | -2.37 |
| Straits Times | 0.00 | |
| ISEQ 20 | 442.48 | 0.27 |
The French president who assumes EU presidency on Tuesday calls for drastic changes in building Europe following the setback over Ireland’s no vote to the Lisbon Treaty.1 July 2008
PARIS - France took the European Union helm on Tuesday with President Nicolas Sarkozy calling for profound changes in building Europe following the setback over Ireland's 'No' to the bloc's key reform treaty.
"There have been errors in the way that Europe has been built," Sarkozy acknowledged during a television interview on the eve of the July 1 opening day for the six-month French EU presidency.
The European project has become a source of concern to citizens who are wondering whether national institutions can better protect them from the ill effects of globalisation than European ones, he said.
Calling such thinking a "step backward," Sarkozy said: "We must therefore profoundly change our way of building Europe."
Sarkozy was hoping to lead the European Union into a new era of strength and unity, but Ireland's rejection of a key reform treaty meant to streamline EU decision-making has all but thwarted his ambitious agenda.
The energetic leader who proclaimed "France is back in Europe" after winning elections in 2007 is now expected to spend much of his time as EU leader working to salvage the Lisbon Treaty.
"Something isn't right. Something isn't right at all," he said.
The French EU presidency's "first priority is to find a way to contain the problem to the Irish", said Sarkozy, adding that EU countries must continue ratifying the key charter.
"We musn't rush, but at the same time, we don't have much time," he said, recalling that EU leaders had set the June 2009 European parliament elections as the deadline for approval of the Lisbon Treaty.
Sarkozy is due to travel to Ireland on 11 July to hear first hand the concerns of Irish voters, a day after he presents the priorities of the French EU presidency in an address to the EU parliament in Strasbourg.
EU leaders are expected to re-assess the fate of the Lisbon Treaty at a summit in October during which Irish Prime Minister Brian Cowen is to present his ideas on the way forward.
Enter to win one of three Amazon.com vouchers by filling out the Expatica Survey 2009!
Join Expatica's European Expat Panel to share your views on living abroad.
Stay up to date with the news - without having to speak the local language.
Our expert Steven Grover delves into the murky waters of French healthcare for expats and asks how recent changes affect them?
Tax and estate planning figure prominently in the list of priorities of many financially secure expatriate residents of France.
From Gaelic clubs to Canadian Alumni organisations, there is bound to be an English-speaking club for you in France.
This is what you need to consider when making an early choice between purchasing or renting accommodation in France.
General rating: Not rated yet
Rate article:



Add my rating