Bloomberg News

Greece Can ‘Save Itself’ as With Debt Agreement, Sarkozy Says

October 27, 2011

Oct. 27 (Bloomberg) -- President Nicolas Sarkozy said he’s confident that Greece will be able to “save itself” as a result of the debt accord reached by European leaders.

“Greece can save itself, but it has to make efforts,” he said on French television.

“If Greece had declared bankruptcy, it would have been a process that would have escalated,” he said, referring to the threat of contagion to other European countries.

To contact the reporter on this story: Mark Deen in Paris at markdeen@bloomberg.net

To contact the editor responsible for this story: Helene Fouquet at hfouquet1@bloomberg.net


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