Sarkozy fights to salvage G20 talks

French President Nicolas Sarkozy will hold emergency talks today with European leaders in a last-ditch bid to salvage his G20 meeting following the Greek referendum turmoil.

Mr Sarkozy’s summit on the Cote d’Azur now will see the French president end his year as leader of the world’s main industrial and developing nations in the reduced position of trying to convince counterparts from the US, China, Brazil and elsewhere that Europe has not lost the plot when it comes to resolving its two-year old sovereign debt crisis.