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G8 leaders end summit with pledge to keep Greece in eurozone
Posted By admin On May 20, 2012 @ 5:30 am In World News | Comments Disabled
London Guardian 
May 20, 2012
Barack Obama and the other G8 leaders wrapped up their negotiations on the European crisis at Camp David on Saturday with a pledge to keep Greece in the eurozone and to promote growth.
The communique, which had the growth promise at the top, represents a victory for Obama and the new French president, François Hollande, over German chancellor, Angela Merkel, who has resisted calls for a stimulus package.
But it may be shortlived. The communique was short in detail and Merkel could re-establish her dominance next week at an informal European meeting.
The eight leaders meeting at the US presidential retreat in Maryland issued a communique declaring in its opening paragraph: “Our imperative is to promote growth and jobs.”
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 London Guardian: http://www.guardian.co.uk/world/2012/may/19/g8-summit-greece-us-france-germany
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