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0bama Pledges Cooperation in Euro Debt Crisis
Yahoooooooo! ^ | June 7, 2011 | Al Reuters

Posted on 06/07/2011 12:08:16 PM PDT by Diana in Wisconsin

WASHINGTON (Reuters) - President Barack Obama said on Tuesday the United States would cooperate with Europe as it deals with Greece's debt woes and said a potential default there would be disastrous.

German Chancellor Angela Merkel, meeting with Obama on an official visit, said the euro zone shared a common interest in ensuring that the currency bloc was not endangered.

The two leaders said they discussed the debt crisis extensively. A proposal for a second Greek bailout package worth 80 billion to 100 billion euros over three years was taking shape, euro zone sources said.

Obama said Germany would be key to solving the crisis.

"I'm confident that Germany's leadership, along with other key actors in Europe, will help us arrive at a path for Greece to return to growth, for this debt to become more manageable," he said.

"But it's going to require some patience and some time. And we have pledged to cooperate fully in working through these issues, both on a bilateral basis, but also through international and financial institutions like the IMF."

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; Politics/Elections
KEYWORDS:

1 posted on 06/07/2011 12:08:19 PM PDT by Diana in Wisconsin
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To: Diana in Wisconsin
0bama Pledges Cooperation in To Recreate Euro Debt Crisis
2 posted on 06/07/2011 12:13:13 PM PDT by pogo101
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To: Diana in Wisconsin

Words, just words. Obama’s pledge is like what? and worth just as much.

“Oceans will recede, planet will heal.....”


3 posted on 06/07/2011 12:14:22 PM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Diana in Wisconsin

We are going to print money and funnel it through the IMF. Like we haven’t been doing that already.

This is such a goat screw.


4 posted on 06/07/2011 12:17:09 PM PDT by ChildOfThe60s ( If you can remember the 60s....you weren't really there)
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To: Diana in Wisconsin

What is it about ‘bankruptcy’ that this idiot can’t comprehend?


5 posted on 06/07/2011 12:20:56 PM PDT by Spok
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To: Diana in Wisconsin

ugh


6 posted on 06/07/2011 12:21:24 PM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: Diana in Wisconsin

What’s he doin’ about the dollar crisis?


7 posted on 06/07/2011 12:22:12 PM PDT by choctaw man (Good ole Andrew Jackson, or You're the Reason God Made Oklahoma...)
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To: Diana in Wisconsin

“0bama Pledges Cooperation in Euro Debt Crisis”

Yep. Help them to destroy their markets as he is doing here. When he said he was going to “spread the wealth”, he meant taking money from us to prop up other socialist nation because they ran out of OPM.


8 posted on 06/07/2011 12:28:10 PM PDT by steveab (When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
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To: steveab

“...he meant taking money from us to prop up other socialist nation because they ran out of OPM.”

Exactly.


9 posted on 06/07/2011 12:35:24 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: ChildOfThe60s

“This is such a goat screw.”

Couldn’t have said it better myself, LOL!


10 posted on 06/07/2011 12:36:06 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Diana in Wisconsin
No dollars for drachmas!!!

No dollars for drachmas!!!

No dollars for drachmas!!!

11 posted on 06/07/2011 12:48:41 PM PDT by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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To: Spok
bankrupting the US is the Obozo’s obvious goal. reason; a country, the USA, whose people are hungry will be more willing to surrender to a new world order when that order promises that it can ease the increasingly social and economic pain.
12 posted on 06/07/2011 12:51:53 PM PDT by drypowder
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To: Diana in Wisconsin
"I'm confident that Germany's leadership, along with other key actors in Europe, will help us arrive at a path for Greece to return to growth, for this debt to become more manageable," he said.

Oh no! The dreaded Obama Kiss of Death.

13 posted on 06/07/2011 1:47:43 PM PDT by Moltke (Always retaliate first.)
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To: Diana in Wisconsin

How much ($$$$$$) cooperation???


14 posted on 06/07/2011 3:01:48 PM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-Qaeda" and its allies.)
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