G-8 Summit Ends With Commitment To Growth And Keeping Greece In The Eurozone

U.S. President Barack Obama, Germany's Chancellor Angela Merkel and French President Francois Hollande (L to R) face the media as the G8 leaders gather for a family photo at the G8 Summit at Camp David, Maryland, May 19, 2012. VOA

G8 Summit Ends With Consensus On Eurozone Reforms -- Voice of America

WHITE HOUSE - U.S. President Barack Obama says the leaders of the world’s biggest economies are beginning to agree that more jobs and more growth will help reverse Europe’s economic crisis. The president spoke Saturday at the end of the Group of Eight economic summit.

After two days of talks at the Camp David presidential retreat outside Washington, Obama said the eight leaders acknowledge that budget cuts alone will not restore Europe’s economy.

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More News On The G-8 Summit

G-8 leaders endorse policy of economic growth -- L.A. Times
G8 leaders tout economic growth, fiscal responsibility -- CNN
G-8 leaders put focus on European financial crisis -- Bloomberg Businessweek
G-8 leaders agree to boost growth, protect oil supplies -- USA Today
G8 leaders end summit with pledge to keep Greece in eurozone -- The Guardian
G8 vows to combine austerity and growth -- Deutsche Welle
World leaders back Greece, vow to combat financial turmoil -- Reuters

G8 says it wants Greece to remain in 'strong' eurozone
-- BBC
Obama, G-8: Recovery takes both growth and cutting -- Christian Science Monitor
Analysis: G-8 leaders puts Obama’s growth call in mix with Germany’s austerity stance -- Washington Post

My Comment: It's hard to promote a "growth policy" with government spending when G-8 governments face a cumulative deficit of $29 trillion.

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