Today in Paris German Chanellor Merkel, French President Sarkozy, British Prime Minister Brown and Italian Prime Minister Berlusconi are meeting with head of the European Central Bank Jean-Claude Trichet, European Commission head Jose Manuel Barroso and the chairman of the eurozone group of finance ministers, Jean-Claude Juncker. The monthly meeting of EU Economics and Finance Ministers from all 27 EU member states will happen on Monday and Tuesday.
BBC NEWS | World | Europe | Europe agrees bank crisis action
None of the heads of government of the other 21 EU member states were invited. The Finnish government have strongly criticised this meeting of the "big 4 countries" with the ECB and European Commission. Finance Minister Jyrki Katainen said "In my opinion it's a very bad idea ... If big countries and representatives of EU institutions like the head of the ECB and maybe someone from the Commission meet today and discuss amongst themselves... it's not a good way to work. We're all in the same boat. ... Finland, Sweden and all EU countries should be in the same position as the decision makers ... Is the message from the meeting going to be: 'We have agreed on this and you have to accept it'? Let's hope not."
Finland says Paris summit very bad idea | Reuters
Not only has the Irish government failed to support Finland in its criticisms, Ireland's shambles of a state broadcaster RTE doesn't even report the Finnish government statement, notwithstanding its crucial relevance at a time when pressure is being brought to bear on Ireland to end the arrangements that it has put in place to support the Irish banking system. French finance minister Christine Lagarde is quoted today as saying "a measure decided in one [European Union] member state has to be shared in advance with other member states". (BBC NEWS | Business | French minister knocks Irish move)
Following the summit there has been a statement that the "big 4" have agreed to seek a relaxation of the EU rules governing the amount of money individual states could borrow.
BBC NEWS | World | Europe | Europe agrees bank crisis action
My view is that if France, Britain, Italy and Germany want to meet to come up with proposals for consideration by other member states then that is their business, although they should be aware that among smaller member states such co-ordinated action by the larger member states is likely to engender concern about, for example, moving even further towards larger member states having greater voting weights in qualified majority voting.
However, the presence of head of the European Central Bank Jean-Claude Trichet and European Commission head Jose Manuel Barroso at the summit is completely inappropriate.
The Irish government must show support for the Finnish statement. We can no longer allow the eurocrat-minded civil servants in the Department of Foreign Affairs to betray Irish interests.



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