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U.S., EU repeat commitment to coordinate policy exit

WASHINGTON
Tue Nov 3, 2009 6:41pm EST

WASHINGTON (Reuters) - The United States and European Union on Tuesday confirmed their commitment to ensure a robust economic recovery and cooperate on retreating from such policies once growth is established.

Economy

"We commit to remain vigilant to take actions to assure a strong recovery and to plan for cooperative and coordinated exit strategies to be implemented once recovery is ensured," according to a declaration issued following a White House summit between U.S. President Barack Obama and EU leaders.

The remarks echo the pledge of leaders at the Group of 20 meeting in Pittsburgh in September.

(Reporting by Alister Bull; Editing by Patricia Zengerle)
Economy


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