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France

Sarkozy tells nation leaving euro would be 'madness'

Text by News Wires

Latest update : 2010-12-31

In his annual address to the Nation, French President Nicolas Sarkozy said on Friday that he would fight to keep the euro and said France would stick to its commitments to improve its own finances.

AFP - French President Nicolas Sarkozy in a New Year message Friday said that giving up the euro would be "madness" and urged citizens not to trust those who urged them to do so.

"Do not believe, my dear compatriots, those who suggest that we leave the euro. The isolation of France would be madness. The end of the euro would be the end of Europe," he said in a message broadcast on television.

Sarkozy said he would "oppose with all my strength this backward step which would make a mockery of 60 years of European construction which has brought peace and fraternity to our continent".

Europe, he added was "essential to our future, to our identity and to our values".

Date created : 2010-12-31

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    Dublin requests financial bailout from EU, IMF

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