France's Hollande said euro crisis behind us

French President Francois Hollande said the euro zone crisis is over, as he lauded work the European Union has done to resolve the problems. 

He spoke in Oslo after the Nobel Peace Prize was presented to the European Union. 

But German Chancellor Angela Merkel is not so sure, saying she cannot lift the alert completely. 

Dr Merkel has cautioned several times that it's too soon to declare the crisis over.