Shortcocky is a pompous ass

PARIS (Reuters) - It was a mistake to let Greece join the euro 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 Thursday.

"It was a mistake," Sarkozy 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. Yahoo

France, for the umpteenth time, needs help from Germany to cover its own bonehead loans. French banks are in the tank because French politicians lean on their banks and forget the consequences.