BREAKING NEWS

Obama: World leaders agree Greece must stay in euro zone

By REUTERS

MAY 22, 2012 00:28

CHICAGO - US President Barack Obama said on Monday that world leaders agree on the importance of Greece remaining in the euro zone.

Speaking at a press conference following a NATO summit in Chicago, said he believed there was an increased resolve on the part of European leaders to tackle the euro zone crisis.

He also said it was crucial for European banks to be recapitalized and for there to be firewalls to protect countries against financial contagion.

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