June 16, 2011
French President Nicolas Sarkozy urged European leaders to find a compromise on Greece's debt crisis in order to stabilize the euro.
Speaking to a large farmers' conference in Paris, Mr. Sarkozy defended the common currency, whose future has been called into question because of the heavy debt burden under which Greece is suffering. He said that "without the euro, there is no Europe," and that "without Europe there is no peace."
"I call on everyone to show the necessary spirit of responsibility and sense of compromise, on which Europe has been built," Mr. Sarkozy said in the speech. "We must defend out common currency and defend our European institutions."
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