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Sarkozy threatens G20 walkout

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Sarkozy threatens G20 walkout

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French President Nicolas Sarkozy has threatened to walk out of the summit of Group of 20 leaders in Pittsburgh next week if there is no agreement limiting bonuses paid to bank executives.

In newspaper interview Sarkozy said “If there is no concrete decision, I will leave.” He has led a push by European leaders to limit bonuses calling for a common front from the G20 but London and Washington are less keen.