Greece vs. Obama: EU Should Resolve

In discussions with Obama today, Greek Prime Minister Papandreou says he did not ask for U.S. financial help and discussed a European proposal to crack down on financial-market speculation. The White House says Greece's problems "can and should" be resolved by the EU.

(WSJ.com) WASHINGTON—Greek Prime Minister George Papandreou said he discussed a European proposal to crack down on financial-market speculation with President Barack Obama Tuesday, adding that Mr. Obama's response was "very positive."

Speaking with reporters following a meeting with Obama in the Oval Office, Mr. Papandreou said Greece has not asked the U.S. for financial help. But he said he filled Obama in on the emergency steps Greece is taking to address soaring deficits and rebuild its economy.

"What we are doing is, first of all, revamping our economy. We are taking measures to put our

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SOURCE: http://online.wsj.com/article/SB1000142405274870478490457511181356556118...