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Sarkozy wantries EU economy team
he referred to the us congress approval last month of $25bn in low-interest loans for carmakers, and asked meps: can we leave the european car industry in a situation of grave distortion of competition, in relation to us carmakers? europe needs a single response, it cannot be naive in relation to other parts of the world, he said .
it's not possibled for the eurozone to continue without clearly identified economic governance, he told the european parliament on tuesday .
french president nicolas sarkozy has called for a european economic government to ensure a more united eu response to financial turmoil .