France’s Hollande risks German ire with new euro pact

Mr Hollande was at pains not to downplay the constraints his country faces,

“I take stock today of the force of the pressures our country is under:
massive debt, feeble growth, high unemployment, damaged competitiveness, a
Europe that is struggling to get out of the crisis,” Hollande told a select
group of dignitaries at the Elysee Palace.

“Nothing is inevitable as long as we are driven by a common will, as long as a
clear course has been set, and we apply all our strength and the assets of
France.”

“Such is the mandate I have received from the French people on May 6. Put
France back on its feet with justice, open a new path in Europe, contribute
to world peace and to the preservation of the planet,” he said.

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