Bloomberg News

Obama Speaks With Cameron, Sarkozy About Euro-Zone Debt Crisis

October 10, 2011

Oct. 10 (Bloomberg) -- President Barack Obama spoke with U.K. Prime Minister David Cameron and French President Nicolas Sarkozy today, pledging to coordinate with European leaders on the continent’s debt crisis leading up to the Group of 20 nations summit next month, the White House said.

The three leaders agreed that “decisive action” is needed to resolve the debt situation and ensure global economic growth, an administration statement said.

Obama said at a news conference last week that the situation in Europe is putting a “severe strain” on the world economy. Obama will meet with other G-20 leaders Nov. 3-4 in France.

To contact the reporter on this story: Margaret Talev in Washington at mtalev@bloomberg.net

To contact the editor responsible for this story: Joe Sobczyk at jsobczyk@bloomberg.net


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