Tags: US | Obama | Greece

Obama Phones Greek Leader, Welcomes Bailout

Sunday, 02 May 2010 06:36 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

President Barack Obama has told the Greek prime minister the U.S. welcomes action by the European Union and International Monetary Fund to help Greece weather its financial crisis.

The White House says Obama delivered the message to Prime Minister George Papandreou in a phone call Sunday. Obama told the prime minister the U.S. welcomes EU and IMF action to rescue Greece from a feared default on its international debt.

Obama "welcomed the ambitious reform program announced by the Greek authorities, as well as the significant support that was agreed to by the IMF and Eurozone members," the White House said.

Greece's financial problems, including a huge international debt and a downgrade of its bonds, have taken the country to the verge of bankruptcy.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

My Quick Debate Analysis

Wednesday, 03 Oct 2012 23:14 PM

These are my quick and spontaneous thoughts on tonight’s first presidential debate: . . .

The Ryan Pick: The Hand of God?

Monday, 13 Aug 2012 10:26 AM

Mitt Romney’s selection of Paul Ryan to be his running mate will not help Romney win the election. . . .

Is Romney Blowing Winnable Election?

Wednesday, 01 Aug 2012 13:22 PM

With 97 days to go, the 2012 presidential election remains Romney’s to lose. The deteriorating economy is President Obam . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved