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Obama: Europe Taking Broad Steps to Solve Crisis

Saturday, 12 Nov 2011 05:26 PM

 

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HONOLULU (Reuters) - U.S. President Barack Obama said Saturday he saw positive signs in Europe's efforts to tackle its debt crisis, with leaders focused not just on Greece but on problems affecting the euro zone more broadly.

He said that Italy's troubles could not be addressed overnight, but that it was important that Europe stand behind its euro zone members.

"I was pleased to see that European leaders were taking seriously the need to not just solve the Greek crisis, but also to solve the broader euro zone crisis," Obama said at a forum of U.S. business leaders on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit.

(Reporting by Caren Bohan and Laura MacInnis, Editing by Sandra Maler)

© 2014 Thomson/Reuters. All rights reserved.

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