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G8 summit ends with pledges on Greece and growth

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G8 summit ends with pledges on Greece and growth


World leaders at the G8 summit in the US presented a united front over Greece by pledging to keep it in the eurozone.

The politicians wrapped up the talks at Camp David on Saturday.

A statement released after the summit also promised to keep economic growth a the top of the agenda.

The events are being interpreted as a victory for president Obama and the new French president Francois Hollande, over the German chancellor Angela Merkel, who has resisted calls to put growth over austerity.

“Growth and jobs must be our top priority,” said Obama. “A stable, growing European economy is in everybody’s best interests – including America’s.”

The French president has vowed to work together with his German counterpart but has always stated his belief that recovery in the eurozone takes more than austerity.

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