No comment necessary after this bit from Charlemagne:
On Wednesday 26th, when the euro zone holds the second session of its two-part summit, the EU’s 27 leaders will make a point of gathering beforehand. The meeting will last just an hour, and will sign off on the plan to recapitalise Europe’s banks. But because the financial sector is part of the single market, which is an issue for all EU states, and Mr Cameron wanted to make sure that the 27 were seen to take the decision, not the 17.
For now, Mr Cameron does not appear to have a very strong hand. Most of the other euro-outs are committed, legally and politically, eventually to joining the single currency. Mr Sarkozy’s harsh words to Mr Cameron were strikingly spiteful: “We are sick of you criticising us and telling us what to do. You say that you hate the euro and now you want to interfere in our meetings.”
British officials shrug off Mr Sarkozy’s legendary rudeness as a personality flaw. “He never pursues it. He is not interested in texts,” says one diplomat.

