Eurozone needs better response to crisis: Obama
China Daily | Updated: 2011-09-30 08:25
WASHINGTON - US President Barack Obama for the second time this week criticized the response of European governments to the continent's debt crisis, saying the turmoil continues to be a drag on the US economy.
"Some of the challenges that we've had over the last several months actually have to do with the fact that, in Europe, we haven't seen them deal with their banking system and their financial system as effectively as they needed to," Obama said from the White House.
Obama didn't specify what steps should be taken.
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