The U.S. President Barack Obama said that the G8 summit starting today will address policy “growth” and will discuss how to manage the crisis in the eurozone, after being in the White House to French President, François Hollande.
Both leaders, who in a few hours to attend the G8 summit in Camp David, just outside of Washington, agreed to the “extraordinary importance” of the eurozone for the proper functioning of the global economy, Obama said at the end of the meeting, at a hearing in which neither admitted questions.
For his part, said Hollande reminded the U.S. president his campaign promise of withdrawing French troops from Afghanistan in late 2012, two years before the withdrawal timetable set by NATO.
The French president also expressed his commitment to the objective to continue to provide transition assistance in Afghanistan after 2012 “in a different way,” adding that this will be discussed at the NATO Summit to be held from Sunday in Chicago (USA).
Hollande has fueled debate in Europe about the need to combine the austerity policies to tackle the debt crisis with others to boost growth.
Defense against the strict austerity policy of making the German chancellor, Angela Merkel, Hollande’s position resonates with that of its U.S. counterpart.
Obama has been “very clear” that Europe needs, as applied in the U.S., a “balanced approach” that combines growth and job creation with the austerity and fiscal control, recalled Thursday as spokesman White House, Jay Carney.
Both leaders also discussed the Iranian nuclear program today, a case where they share views, said Hollande.
Obama and Hollande planned to attend a luncheon with the participation also Secretary of State Hillary Clinton and French Foreign Minister, Laurent Fabius, before moving to Camp David for the G8 Summit.
Category: Business News