Friday, November 19, 2010

Obama: We'll work with Europe on financial challenges

In addition to the Afghanistan war, President Obama's meetings with world leaders this weekend in Portugal will also deal with the economic problems facing Europe -- including Portugal.

"These are obviously difficult times, difficult economic times for the world and for Portugal," Obama said after meeting with Portuguese Prime Minister Jose Socrates.

Obama said the U.S. would do whatever it could to help financially troubled European nations, presumably including Greece and Ireland.

"Obviously Portugal is working through challenges created by some of the financial markets, and I think that it's important to note that the Prime Minister has committed himself to a very vigorous package of economic steps," Obama said. "And we are going to be working with all of Europe, as well as Portugal, in support of these efforts, and we want to say how much we appreciate some of the work that you are doing."


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