TOKYO (AP) — French President Francois Hollande sought reassure
Japanese business leaders Saturday that the eurozone debt crisis is over
but acknowledged that steps to boost the region's growth and
competitiveness need to be taken.
In a speech on the final day of
his visit to Japan, Hollande said that the potentially destructive debt
crisis has served to "reinforce" Europe and foster greater integration
of the 17 member economies that use the euro currency.
He said
authorities are developing tools to ensure greater stability and
solidarity such as a Europe-wide "banking union" and budgetary rules.
"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," he said in the speech at the Imperial Hotel
organized by The Nikkei, a major financial newspaper.
http://www.usatoday.com/story/money/2013/06/08/france-hollande-eurozone-japan/2403097/