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Obama confident Europeans will resolve debt crisis

June 19, 2012 RSS Feed Print

European leaders are expected to outline the details of their next steps to address the continent's crisis during a summit in Brussels next week.

Despite the words of unity during the Mexico meetings, European leaders showed signs that they have heard enough about their troubles, particularly from Americans. Memories linger of the 2008 financial crash that was born in the United States and destroyed jobs and wealth.

"The eurozone has a serious problem, but it is certainly not the only imbalance in the world economy," Italian Prime Minster Mario Monti said Tuesday. He said the United States' own financial problems were mentioned in G-20 talks "by almost everybody, including President Obama."

European Commission President Jose Manuel Barroso took an aggressive tone with reporters on Monday, also pointing some blame at North America and saying, "Frankly we are not coming here to receive lessons in terms of democracy."

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Associated Press writer Michael Weissenstein contributed to this report.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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