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Monday, June 8, 2015

Obama says Greeks must make 'tough political choices' for debt deal

U.S. President Barack Obama said on Monday that Greeks need to make some "tough political choices" and embrace difficult economic reforms to win a debt deal with their country's international creditors. Obama denied a report by an unidentified French official that he had voiced concern about the strength of the dollar in a discussion of the world economy at a summit of the Group of Seven industrialised democracies in Germany. On Greece, Obama said: "The Greeks are going to have to follow through and make some tough political choices that will be good for them long-term." At the same time, international lenders should "recognise the extraordingary challenges" that Greece faces and show flexibility to get a deal.


READ THE ORIGINAL POST AT uk.news.yahoo.com