Sarkozy: Mistake to let Greece join euro

IT WAS a mistake to let Greece join the single currency when it did because its economy was not ready to form a monetary union with others in the club, French President Nicolas Sarkozy said last night.

“It was a mistake,” he said, when asked during a TV interview about having Greece adopt the euro two years after the single currency was created.

“Its economy was not ready,” Sarkozy said.