Business World

Monday 22 January 2018

Sidelines of summit make for an exciting result at last

Peter Flanagan

Peter Flanagan

THE European debt crisis took a back seat for two hours on Saturday as the leaders of the world's eight leading economies plus the head of the EU took time off from their summit at Camp David to watch the dramatic end to the European Champions League Final.

Although he is an Aston Villa fan, UK prime minster David Cameron couldn't hide his celebrations after Chelsea stunned Bayern Munich on penalties to win their first European Cup.

Germany's Angela Merkel, who looked set for a comfortable victory after Bayern took the lead with eight minutes to go, could only watch in horror as Chelsea fought back to claim a famous victory.

Meanwhile, President Obama gave the lie to suggestions that Americans didn't 'get' football, apparently gasping as Didier Drogba scored the winning spot-kick.

EU president Jose Manuel Barroso and new French president Francois Hollande managed to retain their composure though as the final reached its tumultuous ending.

The Champions League result was not the only thing to have gone against Ms Merkel, who found herself isolated after Mr Hollande and Mr Obama both insisted the group's communique, after their weekend summit, call for measures which would promote growth and job creation over austerity policies.

Irish Independent

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