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French PM: Euro not behind debt crisis

07-16-2010 16:40 BJT

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France's Prime Minister Francois Fillon is in Japan for a two-day visit.

During his stay, the Prime Minister said the crisis in Europe was not caused by a weakness in the single currency system, but rather by badly managed public finances.

Francois Fillon, France's Prime Minister, said, "Today, the Euro remains a strong currency and the Greek crisis is not a crisis of the Euro. It is a crisis of sovereign-debt, that we are in the process of resolving. We think that the present trend of the Euro corresponds to the reality of the economic situation in Europe."


Editor:Zhang Pengfei |Source: CNTV.CN

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