French President Nicolas Sarkozy waits before delivering his wide-ranging address, in which he
critiqued global banking, scolded speculators, and categorically denied the possibility of Europe abandoning its common currency. "To imagine that we might pull out,” he said “that we might abandon the euro, is to show a complete misunderstanding of the state of mind of Europeans who have been at each others' throats for decades and who have only one thing in mind—peace and co-operation."