In the euro zone, the debt woes that started in small peripheral countries have spread to much-bigger Spain, Italy and perhaps even France.

欧元区周边小国的债务危机已经开始蔓延到了更大的范围，从西班牙，意大利，甚至是法国。

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Mr Sarkozy, in particular, sees an opportunity to turn the euro zone into an exclusive (and perhaps more protectionist) hard core, dominated by France and Germany.

ECONOMIST: Charlemagne