Former U.S. presidential hopeful Tim Pawlenty is cheering on the European Union as it tries to solve a financial crisis that is unsettling stock and bond markets worldwide.
Pawlenty, a Republican former governor of Minnesota, met with fellow conservatives at a gathering of the European People's Party in France as EU officials scrambled to save the troubled euro currency.
Speaking Thursday to The Associated Press, Pawlenty noted "how important the resolution of these issues are, not just to Europe but to the rest of the world."
He said he hoped for a "positive result" from this week's crucial European Union summit in Brussels.
Pawlenty pulled out of the GOP nomination quest after lingering low in the polls and has endorsed former Massachusetts Gov. Mitt Romney.