Obama, Sarkozy and Cameron discussed the situation in the euro area


Obama, Sarkozy and Cameron discussed the situation in the euro area

Barack Obama, French President Nicolas Sarkozy and British Prime Minister David Cameron discussed the situation in the euro area, Reuters reported quoting the press service of the White House. Negotiations leaders held in two separate telephone conversations.

The report notes that Cameron and Sarkozy, «agreed with the view of Obama on the need for drastic measures for the speedy resolution of the protracted crisis, as well as to stimulate the economy in the eurozone and beyond.»

In turn, Sarkozy told the U.S. president on the agreements reached during the meeting with German Chancellor Angela Merkel. Recall that at the meeting of the leading countries of the Old teries, which was held on October 9, the parties agreed on a joint effort to recapitalize the banking system, and discussed a number of new measures to save the Greek economy.

«The French president stressed that his country, like Germany, intends to start implementing measures to save the economy the euro zone before the meeting of the» big twenty «(G20), which is scheduled to Cannes,» — says White House statement.

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