Calgary Herald

France and Germany will never let the euro fail, says Sarkozy

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CURRENCY • France’s President Nicolas Sarkozy dismissed speculatio­n against the euro Thursday, declaring that he and Germany’s Chancellor Angela Merkel would never allow the currency to fail.

“Whether it be Chancellor Merkel or myself, never, never will we turn our backs on the euro. We will never abandon the euro, we will never drop the euro,” Sarkozy insisted at the World Economic Forum in Davos. In his address to world elites, the French president outlined how important the euro was to the identity of the region.

“The euro spells Europe. The euro is Europe and Europe has spelled 60 years of peace on our continent, therefore we will never let the euro go or be destroyed,” he said.

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