Market news
04.11.2011, 15:18

USA President Obama: “Markets look for strong signal from EZ that they are standing behind the Euro”

  • EZ bank recap has been recognized and will be resourced. US gave ideas, stands ready to assist.

  • EZ agrees with US need to send clear signal they are committed to the Euro, begins with agreeing action plan

  • G20 efforts mirror US dom efforts. Jobs numbers were positive but econ is growing way too slow.

  • Europe remains on track, FinMins to carry the work forward next wk. US will do our part to support Europe partners. Agreed to remain focused on growth and each do their part.

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