Obama discusses eurozone with Italy's Monti

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Associated Press

Posted on June 25, 2012 at 10:00 PM

Updated Monday, Jun 25 at 10:31 PM

WASHINGTON (AP) — The White House says President Barack Obama spoke to Italian Prime Minister Mario Monti to discuss economic developments in Europe and the importance of promoting economic growth and stability in the eurozone.

The Monday call was a follow-up to discussions Obama had with Monti and other European leaders during last week's economic summit in Mexico. The two leaders spoke on the same day Obama called new Greek Prime Minister Antonis Samaras (ahn-TOH'-nees sah-mah-RAHS') and urged him to work closely with European and international institutions as his government seeks to renegotiate terms of tough austerity measures.

Europe has been battling a massive debt crisis that threatens the United States' fragile economic recovery, with potential repercussions for Obama's re-election.

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