French President Francois Hollande said Wednesday he would do everything to keep debt-hit Greece in the eurozone after talks with Spanish Prime Minister Mariano Rajoy.
?I will do everything I can in my position to convince the Greeks to choose to stay in the zone and everything to convince Europeans who might doubt of the necessity of keeping Greece in the eurozone,? Hollande told journalists.
Hollande was speaking amid rising speculation that Greece might might leave the eurozone and after Germany reasserted its stance against eurobonds despite calls from other EU members and the IMF to consider this.
Socialist Hollande went on to criticise what he called a problem with the European Union?s decision-making mechanism that prevented the bloc acting more effectively against unemployment and other economic events.
?We have a problem with the decision-making mechanism within the European Union. Certainly instruments have been created… but we must move more quickly, more robustly,? Hollande said. [AFP]