WASHINGTON Nov 9 Leading Republican candidates
for the U.S. presidency said on Wednesday the United States
should stay out of the financial problems in Europe and resist
any calls for direct infusions of cash.
U.S. shares lost more than 3 percent on Wednesday on fears
the fiscal woes in Greece and Italy would spill over to harm
the world economy.
A pledge by Italian Prime Minister Silvio Berlusconi to
step down failed to reassure bond markets that Rome had the
will to bring its debt under control, and European stocks also
Debating in Michigan, Republican candidates Mitt Romney, a
co-founder of Bain Capital, and former pizza executive Herman
Cain both said Europe should take care of itself.
"Europe is able to take care of their own problems. We
don't want to step in and try and bail out their banks and bail
out their governments," Romney said.
"There is not a lot that the United States can directly do
for Italy right now because they are way beyond the point of
return," Cain said.