Leaders of the G-8 countries meet at Camp David in the United States to discuss debt crisis in Europe and world food security.

US President Barrack Obama has already met the new French President Francois Hollande and described the crisis in Europe as of extraordinary importance.

The summit is being dominated by the possible Greek exit from the Eurozone. G-8 countries—the United States, Britain, Cannada, France, Germany, Italy, Japan and Russia—will hold their annual summit, which is likely to be dominated by world economy, nuclear situation in Iran and North Korea and energy and climate issues.

President Obama is expected to announce a new public-private partnership funding to tackle hunger in developing countries and market methods to boost production particularly in Africa.

Global food crisis soared in 2008 which led to increase in hunger, malnutrition, social unrest and under investment in agriculture in developing countries.

The leaders of Benin, Ethiopia, Ghana and Tanzania have been invited to attend the G-8 meeting on food security. G-8 nations, African countries, aid agencies and multinational companies will also take part in, what will be known as, the New Alliance for Food and Nutrition Security.

Hollande said a German-led plan to enforce fiscal discipline across the eurozone should be supported by moves aimed at boosting growth.