Holland will try to sway Merkel to his vision

Holland will try to sway Merkel to his vision

Press quote (International Herald Tribune)
15 May 2012

He may even push for a restructuring of the rest of Greek debt. But it will be a hard sell, and Mr Hollande has to be careful, notes Charles Grant, director of the CER. "If Hollande tried to gang up with, say, Italy and Spain, to force Germany into a complete U-turn, he would fail ... Furthermore, France has much less clout in the EU than Germany. The financial crisis and the euro crisis have highlighted the vulnerabilities of the French economy."