French Finance Minister Michel Sapin during meetings of IMF, World Bank in Washington in Saturday.
On how Europe is protected from Greece’s problems
- “We have learned to build walls to protect ourselves, to protect the banking system, to protect other countries which could become fragile, if something happens in Greece. So Europe is much stronger. Europe has sheltered itself from turbulence. The danger is for Greece.”
On the fall in Euro being good for Europe
- “The fall in the value of the euro is very good news for all of Europe and in particular for France. It’s very good news.”
On how stability is needed now
- “So I think what would be good for the European economy is a vision of stability. It doesn’t mean things won’t move. Markets can move…but the perspective that seems good is one of stability.”
The material has been provided by InstaForex Company – www.instaforex.com