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Latest update: 31/12/2010
- euro - France - French economy - Nicolas Sarkozy
Sarkozy tells nation leaving euro would be 'madness'
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.
By News Wires (text)
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".


























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(43) Reactions
Staying with the Euro would
Staying with the Euro would be madness. That currency is bankrupting Europe. That and all of the ridiculous entitlements.
Euro
The US is entering a new phase. What happens when we withdraw some or all troops out of Europe?
You will need to start providing for your own defense. Believe me when I say that I am 100% behind pulling ALL US troops out of the European theatre.
Start paying for your own upkeep and your entitlements then. You can't, and you know it.
euro brings down europe
Sarkozzzzzy best be getting out of the union before the union brings down france!
Euro
Madness? What else is new? Europe "essential to our future, to our identity and to our values", he gargles. Try sell that to your masters, the central banks. THEY want your people to work till drop dead. They want Ireland's pension fund money.y want Greek austerity. So Mr. Sarkozy, keep driving their get away car. You are doing fine being spineless. This is "essential to our future, to our identity and to our values", he gargle again. The values are in euros and the euro is whatever your masters tells you it is. Your (France) GDP has quadrupled in the last 30 years, yet you are poorer. Go figure!
Perhaps the citizens of the
Perhaps the citizens of the various countries of Europe are tired of paying for the destruction/dismantling of their own culture and supplanting it with some new, untried system where an artificial pan state construct has absolute power over almost every important detail of there lives.
The Euro is like Heroin
The time to NOT do the Euro is past...Europe decided it was their answer 17 years ago. It was fun in the beginning, and they felt great and invincible. Now their drug is their bane. They cannot abruptly end the Euro or they will die, so the French leader is correct...however, if they continue on they will linger in an economic hell as different parts of their unified body become non-functional and slowly distroy the whole.
Without help the addict dies. But their big brother the United States has its own single currency issues that is going to cause the same death as the big socialist states default one by one, starting with California. China, Russia, and the middle east will do what they do best...give the addict enough cash for their next fix....and wait for the inevitable...to win a war without firing a bullit...something they learned from Reagan...ironic isn't?
Wealth is like a Caravan, it Moves Around.
- Buzzard
Euro is doomed!
The Euro is doomed and so is the EU. Last one out the door is dead meat! Run France run!
I laugh at the West as it
I laugh at the West as it goes broke. Sheeple....
Sark needs a History lesson.
Hey Sark. Maybe it's NOT the Euro and the EU that bought Europe 60 years of Peace but rather the presence of 120,000 US Troops. Plus, the EU (by that name) has only existed for 17 friggin years.
Isolation would be madness?
"The isolation of France would be madness."
That is an interesting admission of the mental state of the "compatriots" of France.