"If there had not been an agreement on Wednesday night, it was not just Europe that would have sunk into catastrophe, it was the whole world," he said.
"We took important decisions that avoided catastrophe."
Mr Sarkozy also met with Hu Jintao of China to discuss investment. He said that Chinese capital was not essential to saving the eurozone but there was no reason to refuse Chinese assistance.
"If the Chinese, who have 60pc of global reserves, decide to invest in the euro instead of the dollar, why refuse?" he said in national television interview, adding that "our independence will in no way be put into question by this".
Li Daokui, an adviser to China's central bank, said that helping the eurozone to overcome its sovereign debt crisis is in China's economic interests, but the country must be careful not to squander its reserves.
"It is in China's long-term and intrinsic interest to help Europe because they are our biggest trading partner but the chief concern of the Chinese government is how to explain this decision to our own people," Li was quoted as saying.
"The last thing China wants is to throw away the country's wealth and be seen as just a source of dumb money."
Mr Sarkozy also said that ring-fencing banks might not be the "best model".
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