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Jean Quatremer, Liberation.
A question for you both. It's now two years that you are in command to try to regulate...
...the crisis in the Eurozone.
Since two years, people are waiting for you to say that you have found a response.
Jointly, ambitious, durable.
And each time you fail. Each time the crisis...
gets worse and worse.
Sarkozy: It's because of lack of oxygen (in packed press room)
Quatremer: Ireland, Portugal, Spain and Italy.
How can you expect us to believe you when you announce that you have found...
...a solution to solve the crisis.
Sarkozy: Allow me to tell you that I completely disagree with your analysis.
Let me state that this is a provocation of a commentator...
...who is not involved in decisionmaking.
It's is no doubt easier to comment rather than act.
And you would not be the first one to do so.
But I can not let you say that we have failed.
Ireland was a country on the brink of bankruptcy, when...
...the 2008 crisis erupted.
Ireland today is a country that is about to exit the crisis.
This can not be contested.
Portugal, thanks to the efforts of the Portuguese government...
...things are going in the right direction.
And when it comes to Spain...
...thanks to the efforts of Mr Zapatero and thanks to the responsibility of the opposition...
...of Mr Mariano Rajoy, Spain is no longer on the front line.
Here are three countries for which Europe has brought credible solutions.
Let me add, that the 2008 crisis, which was triggered by Lehman Brothers in the United States...
...it's Europe that proposed the G20 and Basel 3 to work together to crack down on ...
..tax havens, to regulate the financial markets, to respond to the 2008 crisis.
We are facing a new crisis. Which one?
And I thank you for considering that we can be considered responsble for the role of debts...
...accumulated by all the developed countries over the past 30 years.
I don't remember that me and Chancellor Merkel were in office when these countries decided...
...to take on take on these debts and also not at the moment when it was decided to let them enter the euro.
Countries which did not meet not any of the criteria that were asked at the time.