Obama warns of disaster if default in euro zone - Financial Mirror

Obama warns of disaster if default in euro zone

448 views
1 min read

U.S. President Barack Obama said on Tuesday that if there were an "uncontrolled spiral" and default in the euro zone it would be disastrous for the global economy.

"We need to make sure that all the best ideas are brought on the problem," Obama told a joint conference with German Chancellor Angela Merkel.