Tanzania: Sarkozy Takes Gamble With EU Governance Push

analysis

Squeezed ever tighter between a ballooning debt crisis and an April election that could knock him from power, French President Nicolas Sarkozy is taking a big gamble by acquiescing to Germany's push to hand more budgetary control to Brussels.

Sarkozy will endeavor to warm a disgruntled electorate to the idea when he addresses the nation on Thursday from Toulon -- the Mediterranean port where he railed against "mad" capitalism in a key speech as the 2008 financial crisis exploded.

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