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THE EU MELTDOWN

 

SARKOZY THREATENS TO WITHDRAW FRANCE FROM THE EURO UNLESS GERMANY VOWS TO BACK GREECE: The French president made his sensational ultimatum at a meeting of EU leaders in Brussels last Friday, demanding 'compromise from everyone'.

GREECE CRISIS IS COMPARED TO THE 'EBOLA VIRUS' AS COST OF BAILOUT RISES TO £105BN: The IMF warns problem could spread across EU. The debt crisis is sweeping across Europe like an ebola virus, a leading official said yesterday as Standard & Poor’s lowered its rating on Spain’s public debt to AA from AA+, triggering further financial chaos.

BURNING ISSUE FOR BRITAIN: WITH OUR DEFICIT ABOUT TO BECOME WORSE THAN GREECE'S, ANARCHY AND MURDER ERUPT ON THE STREETS OF ATHENS: Britain was given an election wake-up call today after Greece's battle with massive debt erupted in blood and anarchy.

CRISIS, WHAT CRISIS? EU DEMANDS BRITAIN AND OTHER COUNTRIES PAY IT £7BN MORE IN 6% BUDGET BOOST: With governments across Europe imposing swingeing austerity measures, the European Commission stunned observers by proposing a lavish increase in its own funding. Critics last night said Brussels was ‘living in cloud cuckoo land’.