Sponsored Links

Obama concerned about Greek debt, monitoring closely

ABOARD AIR FORCE ONE, April 28 | Wed Apr 28, 2010 11:35am EDT

ABOARD AIR FORCE ONE, April 28 (Reuters) - U.S. President Barack Obama is concerned about Greece's debt problems and his administration is in touch with Europe about the issue, White House spokesman Bill Burton said on Wednesday.

"This is something that is of great concern to the president and we're monitoring it very closely," Burton told reporters on Air Force One, adding that the U.S. Treasury Department and other agencies were "in close contact with folks in Europe about the issue."

German Chancellor Angela Merkel said earlier on Wednesday negotiations with Greece over a planned aid package for the country should be accelerated because the stability of the euro zone was at stake.

Currencies
Bonds News
Bonds
Markets
Mutual Fund Center
ETFs News
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (74)
sbenard wrote:
Since the US is the largest donor to the IMF, Americans need to acknowledge that any bailout of Greece will entail, at the very least, backing of loans by US taxpayers. This will only put us deeper in debt and footing the tab for yet more Obama largess!

Apr 28, 2010 11:53am EDT  --  Report as abuse
banjopete wrote:
Rest easy Greece, Obama is on top of it. Nothing to be worried about, anymore.

Apr 28, 2010 11:54am EDT  --  Report as abuse
meatpietatters wrote:
All systems green, Barry is monitoring the situation!

Apr 28, 2010 12:04pm EDT  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
See All Comments »