Latest update: 27/10/2011 

- Angela Merkel - euro - European Union - eurozone - Nicolas Sarkozy - Silvio Berlusconi


A jump into chaos

The plan to save the euro makes all the front pages - but the French papers are nervous about the prospect of more European federalism, and they say one big thing is missing from this plan - any prospect of growth.

By Elena CASAS

Business paper Les Echos says domestic politics in France, Italy and Germany was at the top of their leaders' minds in Brussels - with everyone thinking about their own re-election.

Le Figaro says this deal means a European finance ministry is just a step away - and we have to get used to the new federalism.

Liberation isn't too keen on that idea - calling it a leap in the dark.

La Tribune is more worried about where growth is going to come from, if austerity is the order of the day - they say this plan will shrink eurozone economies to the point of collapse.

Le Parisien thinks that's already happening - as taxes and unemployment rise here in France.

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