Europe crisis must not threaten world economy: Obama

7th June 2011, Comments 0 comments

Europe's swelling debt crisis "cannot be allowed" to threaten the broader global economy, US President Barack Obama said Tuesday at a joint press conference with German Chancellor Angela Merkel.

The debt crisis gripping countries such as Greece, Ireland and Portugal "cannot be allowed to put the global economy at risk," Obama said.

He also stressed that while the Greek crisis was particularly "tough," he was confident Europe would be able to forge a path "for Greece to return to growth" and manage its debt.

© 2011 AFP

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