BBC News
November 4, 2011
It's a bit rich for France and Germany to talk about Greece holding the rest of Europe to ransom, when the eurozone is in the process of doing the same to the global economy. And with the rest of the G20 not in a position to play the kind of hard ball with France and Germany that Chancellor Angela Merkel and President Nicolas Sarkozy played with the Greek prime minister on Wednesday night.
Or that's what the French and German leaders are betting.
Think about it. As a group, the eurozone economies comprise just over a fifth of the world economy, a similar share to the US. They are some of the richest countries in the world.
And yet, they have so mismanaged their affairs - with such devastating potential consequences for the global economy and its financial system - that the rest of the world believes it has no choice but to come to its rescue.
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