GDF Suez’s Mestrallet Sees EU Leaders Solving Euro Crisis

European Union leaders have taken the necessary steps to deal with Ireland’s debt crisis, Gerard Mestrallet, chief executive officer of French utility GDF Suez SA, said in an interview with Agefi.

“We have full confidence in the will and the capacity of European officials to resolve the problems posed by the deficits of certain European countries, as we have seen in the Ecofin accord this weekend in favor of Ireland,” said Mestrallet, who was speaking in his role as president of Paris Europlace, which promotes Paris as a financial center.

These measures “will allow us to strengthen the euro in a post-crisis context and were widely communicated and well received by international investors present at our roadshows in Tokyo and Shanghai earlier this week,’ he said.

To contact the reporter on this story: Gregory Viscusi in Paris at gviscusi@bloomberg.net.

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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