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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

Ewen MacAskill
London Guardian [1]
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, Fran├žois 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.”

Full article here [1]

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URLs in this post:

[1] London Guardian: http://www.guardian.co.uk/world/2012/may/19/g8-summit-greece-us-france-germany

[2] G20 summit drops clean-energy pledge: http://www.prisonplanet.com/g20-summit-drops-clean-energy-pledge.html

[3] 300 Arrested As Nato Summit Leaders Arrive: http://www.prisonplanet.com/300-arrested-as-nato-summit-leaders-arrive.html

[4] Obama asks eurozone to keep Greece in until after election day: http://www.prisonplanet.com/obama-asks-eurozone-to-keep-greece-in-until-after-election-day.html

[5] Obama reads riot act to European leaders and orders them to take more dramatic action: http://www.prisonplanet.com/obama-reads-riot-act-to-european-leaders-and-orders-them-to-take-more-dramatic-action.html

[6] G20 Summit: Obama Faces Heavy Criticism From World Leaders: http://www.prisonplanet.com/g20-summit-obama-faces-heavy-criticism-from-world-leaders.html

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