I don’t want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn’t the same thing. Let’s call them ‘project bonds’ instead of euro bonds.
We are near, very near, to an end to the eurozone crisis… The worst – in the sense of the fear of the eurozone breaking up – is over. But the best isn’t there yet.
I perfectly understood President Obama’s attitude throughout the French presidential campaign. He had no reason to distance himself from Nicolas Sarkozy. It’s the basic solidarity that leaders who worked together owe to each other.