Bloomberg News

Obama Says Europe Has More Work Ahead on Sovereign Debt Crisis

February 24, 2012

Feb. 24 (Bloomberg) -- President Barack Obama said European governments have made progress in resolving the sovereign debt crisis even as there’s more work to do.

Obama spoke at the White House following his meeting with Prime Minister Helle Thorning-Schmidt, 45, who last October became Denmark’s first female prime minister.

Thorning-Schmidt said she is confident “we will see ourselves through” the debt crisis.

With Denmark holding the European Union presidency for the first half of this year, the White House said in a statement ahead of the meeting that Europe’s sovereign debt crisis would be a topic on the agenda. The leaders also discussed the turmoil in Syria.

Obama said it’s “absolutely imperative for the international community to rally,” to send a clear message to President Bashar al-Assad that it’s time “to stop the killing of Syrian citizens by their own government.”

Obama also thanked Denmark for its contributions to the coalition in Afghanistan and to the North Atlantic Treaty Organization mission in Libya.

--Editors: Joe Sobczyk, Bob Drummond

To contact the reporters on this story: Roger Runningen in Washington at rrunningen@bloomberg.net; Margaret Talev in Washington at mtalev@bloomberg.net

To contact the editor responsible for this story: Steven Komarow at skomarow1@bloomberg.net


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