Sarkozy: We will never abandon the euro

Sarkozy: We will never abandon the euro
French President Nicolas Sarkozy said Europe will never abandon the euro, despite widespread fears for the future of the currency.

Economists have expressed concern that the debt crisis underway in Greece, Ireland, Spain and Portugal could mean the end of the common European currency.

But to address the World Economic Forum in Davos on Thursday, Sarkozy made it clear that it considers the euro survive despite the current difficulties.

"We will never abandon the euro. Never!" Euro magic of Europe, the euro is Europe. Europe has had 60 years of peace on our continent. We will never abandon. "

Sarkozy said the euro zone was a substantial unity.

"If Europe has become the continent's most stable and peaceful world, because we built our predecessors, the European Union.

"You can imagine that we can withdraw from this is to ignore the fact that people who have been in each other's throats for centuries, now we have a desire, and a lasting peace."

"Consequences of the single currency is not to be so revolutionary, we can not even imagine, we can not even play with this idea."

And it was a warning to speculators and those who, apparently eager to see the euro continue disorders.

"For those who want to invest in the euro. Be careful how you invest, because we have already decided"

Sarkozy also took on the United States, tells of his "friends of the Atlantic" that while the position of the dollar as dominant currency, the country has the right to make all the rules.

"Nobody wants to weaken the dollar - the world needs the dollar The dollar is there, will remain the dominant currency in the world ..

"But the dominant currency does not mean that the single currency."

He said it was natural that each nation to act in the best interest of their own currency because it was not only an economic but political.

Sarkozy, who chairs the G-8 and G-20 in 2011, urged the world to rethink their old ways of working.

"We have entered the 21st century 11 years ago already, and we still play by the rules of the twentieth century."

He said the "madness" that Africa, South America and India do not hold a permanent seat on the UN Security Council that "this makes no sense."