News Column

Britain, US Urge 'Immediate' Plan for Eurozone Crisis

June 6, 2012
Eurozone

The United States and Britain Wednesday called for an "immediate plan" to resolve the crisis in the eurozone, a spokeswoman for the British government said.

She said US President Barack Obama and Prime Minister David Cameron discussed the crisis in a telephone conversation late Tuesday.

Urgent action to restore market confidence needed to be flanked by a "longer-term strategy to secure a strong single currency," said the spokeswoman.

Obama and Cameron welcomed new plans by the European Commission to protect taxpayers and avoid future public bank bailouts as a "positive step."



Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH


Story Tools