Obama calls Italian PM on Eurozone crisis
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Last Updated: Wednesday, August 01, 2012, 12:41
  
Washington: Continuing his discussions with European leaders on economic developments in the eurozone, US President Barack Obama on Wednesday spoke with Italian Prime Minister Mario Monti, the White House has said.

Their conversation follows recent statements by European officials regarding their commitment to preserve the euro, the White House said, adding that Obama has been in regular contact with European leaders on the state of the European economy, and today he reiterated his support for decisive action to resolve the crisis.

"The President also expressed his concerns about Syria and emphasized the need for close cooperation between the US and our European allies in pressuring the Assad regime and supporting the Syrian people," the White House said.

Obama-Monti telephonic conversation comes a day after the latter said that Europe is starting to see light at the end of the tunnel of the Eurozone’s sovereign debt crisis.

"It is a tunnel but ... Some light is appearing at the end of the tunnel. We and the rest of Europe are approaching the end of the tunnel," Monti said in an interview on Monday.

Monti and French President Francois Hollande yesterday reaffirmed their commitment to the eurozone.

"We repeated that we will do everything so that the euro zone is defended, preserved and consolidated," Hollande said following his meeting with Monti in Paris.

PTI


First Published: Wednesday, August 01, 2012, 12:41


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