G8 leaders tackle EU's woes
- Published: 19 May 2012 at 20.48
- Online news:
G8 leaders tried to bridge divisions over how to halt Europe's rapidly-deepening economic crisis on Saturday, as host President Barack Obama backed more pro-growth policies in the face of German opposition.
US President Barack Obama greets German Chancellor Angela Merkel on her arrival at the Camp David presidential retreat in Maryland, May 18. Obama threw his weight behind French calls more pro-growth policies in Europe, as he welcomed G8 leaders to Camp David for a summit darkened by Greece's possible eurozone exit.
With the future of Europe's currency union in serious doubt, leaders gathered at Obama's Camp David lodge to weigh competing demands for growth-friendly spending with Germany's long-standing focus on spending cuts.
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