CLEAN: French Socialists unimpressed by French debt talks

Nicolas Sarkozy conceded to Angela Merkel on the issue of eurobonds, a significant shift from France's previous stance. The implementation of a new EU tax faces challenges, particularly due to opposition from the UK, which fears impacts on the City of London. The tax is unlikely to be implemented before 2014. Efforts are being made to accelerate the process by bypassing the UK's veto, focusing on agreement among willing EU countries.

What was the significant policy shift made by Nicolas Sarkozy?

• He supported the eurobonds initiative.

• He opposed the eurobonds initiative.

• He introduced a new tax in the EU.

• He maintained the French position on eurobonds.

Which country was particularly opposed to the new EU tax?

• Italy

• United Kingdom

• France

• Germany

Why was the United Kingdom against the new tax?

• It would increase their national debt.

• It threatened the City of London's interests.

• It was not beneficial for their economy.

• It was a decision made without their consent.

When was the earliest the new tax could be implemented according to the discussion?

• 2015

• 2014

• 2013

• 2012

What was suggested to overcome the British veto on the tax?

• Delay the tax implementation indefinitely.

• Abandon the tax proposal.

• Implement the tax with only agreeing countries.

• Negotiate further with the UK.