May 20, 2012 9:09 AM

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G-8 leaders want Greece to remain in eurozone

Leaders of the G-8 countries at their Camp David summit in the United States wanted debt-stricken Greece to remain in the eurozone and vowed to promote economic growth to reenergise their economies in the face of the European debt crisis. A statement issued after the summit said they all have an interest in the success of specific measures to strengthen the economies of the Eurozone and growth in Europe.

G-8 leaders of France, Germany, the United States, Britain, Italy, Japan, Canada and Russia resolved to address the strains in the Eurozone in a credible and timely manner to foster confidence, stability and growth. US President Barack Obama stressed the need to generate growth and create jobs.

In a Declaration, the G-8 nations expressed their grave concern over Iran's nuclear programme and called on the Iranian leadership to comply with all the resolutions of the UN Security Council. Appalled by the loss of lives and widespread human rights abuses, the G-8 leaders backed the Kofi Annan plan to resolve the crisis in Syria.

Leaders of the G-8 countries also committed themselves to launch New Alliance for Food Security and Nutrition in association with African and other nations, aimed at lifting 50 million people out of poverty over the next decade. The alliance will also engage and leverage the capacity of private sector partners from women, small farmers and entrepreneurs.

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