<b>It would take some more time for EU member s to come to terms with the new realities of the World Economic Order. The French and Luxembourg reaction is the result of the lack of realization that the world is fast changing. Anyway, it is most unlikely that the stand taken by them will receive support from all members of the 25 member EU. The Govt of India will obviously not take the threat from Luxembourg lightly and indication to that effect has already been leaked in the Indian Press, although no official statement has been made. The Government of Belgium has already voiced its opposition to the stand taken by France and Luxembourg..</b>
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