| US president wraps up G8 summit by saying more must be done to promote growth and job creation as a potential remedy. |
ALJAZEERA: … “The direction the debate has taken recently should give us confidence,” [US President Barack ] Obama told reporters on Saturday at the end of the high-level meetings in rural Maryland. “There is now an emerging consensus that more must be done to promote growth and job creation right now in the context of these fiscal and structural reforms.”…
Earlier, the leaders said in a communique that it is “their imperative” to promote growth and jobs to revive the global economy, and gave their backing to Greece remaining in the eurozone…. (more)
EDITOR: Appears the EU leadership just blinked!
