Friday, October 28, 2011

Nicolas Sarkozy: Greece should have been denied euro





French President Nicolas Sarkozy has said allowing Greece into the eurozone in 2001 was a "mistake".

He said Greece was "not ready" at the time. But, he added, it could be rescued thanks to Wednesday's EU deal on the euro debt crisis.

In response, Greece's foreign minister told the BBC that Athens was not the source of the crisis, and that no country should be made a scapegoat.

The agreement reached in Brussels has triggered a worldwide shares rally.

SEE BBC NEWS: http://www.bbc.co.uk/news/world-europe-15487269

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