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United States ready to help Greece: Biden
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United States ready to help Greece: Biden
ATHENS (Reuters) - The United States will support Greece during these difficult times, Vice President Joe Biden said during a visit to Athens on Monday, in remarks that offered reassurance rather than concrete aid.
"I am here to tell you that we stand with you in solidarity as you meet some difficult requirements of the IMF and European Union," Biden told reporters before a meeting with Greek Prime Minister Lucas Papademos. "It is a difficult time for Greece and we stand ready to help in every way we can."
Biden travelled to Greece before a key EU summit on the debt crisis in Brussels on Friday, in what has been called a crucial week for the common currency.
Illustrating Washington's concern that the euro zone's troubles could sap the fragile U.S. recovery, U.S. Treasury Secretary Timothy Geithner will separately visit the euro zone this week to urge its leaders to act decisively to control the crisis.
U.S.
officials speaking in Washington on Geithner's mission stressed that he
would bring advice and encouragement rather than money, at a time of
severe budget constraints back home.
Greece, mired in its deepest
financial woes in decades, is on a cash lifeline from the IMF and larger
members of the euro zone to prevent a disorderly default and an exit
from the common currency bloc of 17 nations that use the euro.
Some analysts fear that if Greece leaves the euro it could be followed by Spain and Italy, causing the entire euro zone to collapse, and Biden reiterated Washington's strong desire to avoid that outcome.
"It
is overwhelmingly in the interests of the United States that Greece
works its way through this financial crisis and that it remains a strong
and vital part of the European Union," he said.
Geithner is the main U.S. emissary on financial matters and has been central to President Barack Obama's effort to encourage euro zone heavyweights France and Germany to do whatever is needed to resolve the crisis - pressure that has been far from welcome in Berlin and Paris. Biden stuck to a deliberately optimistic view of the situation.
"I
think that out of difficult times opportunities present themselves, and
with a lot of hard work and a little bit of luck, a year from now we
will have not only weathered this crisis, but even be in a stronger
position. Let's get to work."
Earlier on Monday, Biden joked about bringing money to help Greece out of its deepest financial crisis in decades.
Greece's Papademos said he was confident Athens could count on the support of the United States.
"I am here to tell you that we stand with you in solidarity as you meet some difficult requirements of the IMF and European Union," Biden told reporters before a meeting with Greek Prime Minister Lucas Papademos. "It is a difficult time for Greece and we stand ready to help in every way we can."
Biden travelled to Greece before a key EU summit on the debt crisis in Brussels on Friday, in what has been called a crucial week for the common currency.
Illustrating Washington's concern that the euro zone's troubles could sap the fragile U.S. recovery, U.S. Treasury Secretary Timothy Geithner will separately visit the euro zone this week to urge its leaders to act decisively to control the crisis.
U.S.
officials speaking in Washington on Geithner's mission stressed that he
would bring advice and encouragement rather than money, at a time of
severe budget constraints back home.
Greece, mired in its deepest
financial woes in decades, is on a cash lifeline from the IMF and larger
members of the euro zone to prevent a disorderly default and an exit
from the common currency bloc of 17 nations that use the euro.
Some analysts fear that if Greece leaves the euro it could be followed by Spain and Italy, causing the entire euro zone to collapse, and Biden reiterated Washington's strong desire to avoid that outcome.
"It
is overwhelmingly in the interests of the United States that Greece
works its way through this financial crisis and that it remains a strong
and vital part of the European Union," he said.
Geithner is the main U.S. emissary on financial matters and has been central to President Barack Obama's effort to encourage euro zone heavyweights France and Germany to do whatever is needed to resolve the crisis - pressure that has been far from welcome in Berlin and Paris. Biden stuck to a deliberately optimistic view of the situation.
"I
think that out of difficult times opportunities present themselves, and
with a lot of hard work and a little bit of luck, a year from now we
will have not only weathered this crisis, but even be in a stronger
position. Let's get to work."
Earlier on Monday, Biden joked about bringing money to help Greece out of its deepest financial crisis in decades.
Greece's Papademos said he was confident Athens could count on the support of the United States.
Happy Life- VIP Member
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Re: United States ready to help Greece: Biden
http://www.buenosairesherald.com/article/86518/united-states-ready-to-help-greece-says-biden
Re: United States ready to help Greece: Biden
Here we are again being the being the welfare provider!
Guest- Guest
No Kidding...
Well Da... The EU is the front runner for the NWO, A Global Currency, A Global Government (Controled by the Dark Cabal/Illuminatti etc.) of course they don't want it to fail. It's the last remnants of their control, and its fading/deteriorating rapidly. It has been my opinion for some time that the EU needs to fail and the 'Domino's' begin to fall, before we see the RV. I only hope that I'm wrong.
MartyM- Forum Fanatic
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Join date : 2011-07-24
Location : NH
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