I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds' instead of euro bonds.
Francois HollandeNot in the constitution, but I would propose a law to the French parliament that provides for reducing the budget deficit year by year, until we have reached a balanced budget by 2017.
Francois HollandeMy dear citizens, fellow citizens, French people, this 6th of May, have just chosen change by bringing me the presidency of the French republic. I feel the honor, which has been given to me and the task, the important task faced beyond - in front of you to serve my country.
Francois HollandeI won't wait until the end of my term to say I made mistakes at the beginning. That's too late. I will try to adopt the proper behaviour, if the French give me the chance, right from the start.
Francois Hollande