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UKs Cameron, Obama urge action on eurozone crisis

Reported by MyNorthwest.com on Wednesday, 6 June 2012 (on June 6, 2012)

LONDON (AP) - British Prime Minister David Cameron and US President Barack Obama have agreed on the need for immediate action to resolve the eurozone crisis. Downing Street says the two leaders spoke on the phone late Tuesday ahead of the G20 summit in Mexico later this month, when world leaders will discuss Europes financial woes. A spokesman for Cameron said he and Obama agreed on the need for an immediate plan to tackle the crisis, as well as a longer-term strategy to secure a strong single currency. Cameron is visiting Berlin Thursday for a student conference with Chancellor Angela Merkel and Norwegian Premier Jens Stoltenberg, where the eurozone crisis is likely to be discussed. Cameron is pressing for eurozone countries to protect their currency with measures including greater fiscal burden-sharing among member countries. (Copyright 2012 The Associated Press.

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