Obama in Europe: High stakes economic diplomacy

Updated

As Barack Obama prepares to meet with his G-20 counterparts, it's clear that creating agreement about the best path for economic recovery will be an uphill battle. French President Nicholas Sarkozy has publicly stated that he will "walk away" from the table if he doesn't get the increased financial regulation that he wants, Germany's Angela Merkel has said that Germany's declining population makes deficit spending dangerous, and Czech Prime Minister Mirek Topolanek referred to Obama's stimulus plan as "the road to Hell."

All in all, it's shaping up to be a tough week for Obama, and some analysts have already begun grumbling darkly about the clash of personalities that is supposedly brewing in London.

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