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French President Warns of Dire Consequences if Euro Crisis Goes Unsolved -- New York Times
PARIS — Saying that he wanted to tell the truth to the French people, President Nicolas Sarkozy said Thursday night that Europe could be “swept away” by the euro crisis if it does not change. He said that Europe would “have to make crucial choices in the next few weeks,” and that France and Germany together were supporting a new treaty to tighten fiscal discipline and promote economic convergence in the euro zone.
The European Union needs “an overhaul,” Mr. Sarkozy said, to remain relevant and competitive, but he was vague about the details of what needs to be done. “If Europe does not change quickly enough, global history will be written without Europe,” he said. “Europe needs more solidarity and that means more discipline.”
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More News On The Euro Crisis
Sarkozy Says Euro Risks Breakup Without Economic Convergence -- Bloomberg Businessweek
Sarkozy calls for new European treaty as euro enters make-or-break week -- The Guardian
Sarkozy says governments must keep control of EU -- Reuters
Sarkozy: France, Germany Want New European Treaty To Protect Euro -- Radio Free Europe
Sarkozy calls for 'refounding of Europe' -- Al Jazeera
Highlights: Sarkozy outlines euro crisis stance -- Reuters
France and the euro crisis -- The Economist
Summary Box: French, German leaders call for new talks, ‘rethinking’ of European Union, euro -- Washington Post/AP
The Final Battle to Save the Euro -- Wall Street Journal
Companies Warily Eye Euro Breakup Scenarios -- Wall Street Journal
Factbox: Euro zone faces critical 10 days -- Reuters
Can the euro be saved? -- Damian Reece, The Telegraph
Is the euro zone’s flaw fatal? -- Ezra Klein, Washington Post
The European debt crisis in eight graphs -- Washington Post