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G20 Summit Focuses on Eurozone Debt Crisis
by The 1 | November 3, 2011 at 08:33 am
50 views | 3 Recommendations | 1 comment
Leaders of the world's leading economies are meeting in the French resort city of Cannes to discuss global economic problems, with the summit dominated by the European debt crisis and questions about a Greek bailout deal.
U.S. President Barack Obama met separately with German Chancellor Angela Merkel and French President Nicolas Sarkozy, who lead Europe's strongest economies, before Thursday's official start of the Group of 20 summit in Cannes.
President Obama said the European Union has taken some "important steps" to address its debt problems, and said he hopes the heads of the world's leading developed and developing countries can "flesh out" details of a comprehensive strategy to resolve the crisis.
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Most RecentMost Recommended Comments (1)
at 09:37 on November 3rd, 2011
We are going to need some vodoo economics to get out of this one..lol Greece is a mess !