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G-8 leaders hope Greece remains in eurozone
Townhall.com ^ | May 19, 2012

Posted on 05/19/2012 10:53:57 AM PDT by Kaslin

The United States and other members of the Group of Eight industrial nations expressed hope Saturday that Greece will remain in the Eurozone, anxious to keep its economic troubles from spreading around the world. The leaders said all of the nations have an interest in the success of efforts to strengthen the eurozone and help Europe's economy grow.

President Barack Obama said the leaders agreed that Europe's financial crisis must be addressed with a mix of growth and austerity measures, as they huddled for a shirt-sleeve discussion that also covered world concerns about ups and downs in oil prices.

The leaders, in a joint statement from the rustic presidential retreat, reflected both hope and a recognition of the daunting economic challenges they face.


TOPICS: Business/Economy; Foreign Affairs; Front Page News; Politics/Elections
KEYWORDS: campdavidg8; eucrisis; greececrisis
What a surprise. Instead of vacationing at Camp David he finally is doing some work.
1 posted on 05/19/2012 10:54:00 AM PDT by Kaslin
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To: Kaslin

Too bad, the decision’s not theirs to make anymore.


2 posted on 05/19/2012 11:11:15 AM PDT by Shadow44
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To: Kaslin

Hold on to your wallet,Obama’s about to bail them out.


3 posted on 05/19/2012 11:20:28 AM PDT by Farmer Dean (stop worrying about what they want to do to you,start thinking about what you want to do to them)
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To: Kaslin

Message to Greece: You need to trim government spending, cut down on the costs of your publicly funded health care system, increase taxes, and lower wages and benefits.

Message from: Nations that are approving increases in public salaries and benefits, increasing health care costs, not increasing taxes...

Do as we say, do not do as we do.


4 posted on 05/19/2012 11:44:32 AM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: Kaslin

I thought G-8 doesn’t exist anymore?


5 posted on 05/19/2012 12:02:39 PM PDT by MinorityRepublican
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To: Kaslin

6 posted on 05/19/2012 2:22:50 PM PDT by Oatka (This is America. Assimilate or evaporate.)
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To: Shadow44

“The United States and other members of the Group of Eight industrial nations expressed hope Saturday that Greece will remain in the Eurozone”

Elpizdousi eis korakas. Helada ekphugoio an.


7 posted on 05/19/2012 2:45:56 PM PDT by Eleutheria5 (End the occupation. Annex today.)
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Keep FR Running
Let's get to Yellow!

8 posted on 05/19/2012 5:29:06 PM PDT by RedMDer (https://support.woundedwarriorproject.org/default.aspx?tsid=93)
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