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Europe "turning the page" on the crisis, Sarkozy says

Business Materials 2 March 2012 15:28 (UTC +04:00)
The European Union was finally making headway on knocking down the debt crisis that has plagued its common currency for two years, French President Nicolas Sarkozy said Friday.
Europe "turning the page" on the crisis, Sarkozy says

The European Union was finally making headway on knocking down the debt crisis that has plagued its common currency for two years, French President Nicolas Sarkozy said Friday, DPA reported.

"Is there a risk that it will pick up again? Of course, it is a question that I ask myself," he told reporters at the end of a two-day EU summit in Brussels. "But I think we are turning the page ... We are in the midst of exiting this crisis."

He rejected suggestions that the lull might tempt some to lessen the pressure on member states to whip their budgets back into shape.

"I think I can tell you that we were all sufficiently shaken by the financial crisis that we don't want to find ourselves back in the same situation again," he said.

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