Sarkozy promises more reform after France downgrade

President Nicolas Sarkozy, in his first public reaction to France's credit rating downgrade, vowed yesterday to carry out more reforms to lead the country out of crisis.
He said he would give an address to the nation at the end of the month and would tell the French about "the important decisions that need to be made without delay."
"The crisis can be overcome provided that we have the collective will and the courage to reform our country," Sarkozy said at a memorial service for a former prime minister in the central French town of Amboise.
"We must resist, we must fight, we must show courage, we must remain calm," he said.