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OPINION

Obama Says European Debt Crisis Must Not Endanger Recovery

Townhall Staff
Townhall Staff  |  Jun 07, 2011
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
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June 7 (Bloomberg) -- President Barack Obama urged European leaders to resolve the continent’s debt crisis quickly to avoid endangering the global economy.

Obama said he and German Chancellor Angela Merkel, at a White House meeting, agreed that the financial situation in Europe “cannot be allowed to put the global economic recovery at risk.”

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The president said he has told allies the U.S. will support steps to stem the crisis, because “we think that America’s economic growth depends on a sensible resolution of this issue.” Uncontrolled defaults in Europe would

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