Monday, 10 June 2013

Which Crisis in Europe is Over? And What Planet is Hollande from?

According to French president Francois Hollande, the eurozone crisis is over. RT quotes Hollande saying the following during a visit to Japan,
"What you need to understand here in Japan is that the crisis in Europe is over. And that we can work together, France and Japan, to open new doors for economic progress," Hollande said at a meeting organized by Japan's Nikkei newspaper. "We have used various measures to address weaker nations. Member nations have tried to restore fiscal health. We have also established a banking federation. Due to these efforts, yields in the euro zone have dropped dramatically and we have been able to restore confidence among investors."   
Read more here.

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