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Obama confident Europeans will resolve debt crisis

12:31 AM, Jun 20, 2012   |    comments
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LOS CABOS, Mexico -- President Barack Obama says European leaders "grasp the seriousness" of their debt crisis and are moving with a "heightened sense of urgency" to find a solution.

In a news conference in Los Cabos, Mexico, following a G-20 economic summit, Obama said the economic problems in Europe won't be solved by the G-20 or the United States, but by European nations.

He said he was confident they could do that, but acknowledged the difficulty of getting all the separate legislatures to agree.

On the subject of the Syrian crisis, President Obama says China and Russia are "not aligned" with the U.S. and other nations on Syria but says both countries' leaders recognize the dangers of a civil war.

China and Russia have close ties to Syria and have vetoed two U.N. resolutions that mentioned the threat of sanctions against President Bashar Assad's regime. China and Russia, however, did support an observer mission in Syria and a plan by special envoy Kofi Annan to end the violence.

Obama said Russia and China believe "everyone would be better served" if Syria had a mechanism for ceasing the violence."

(Associated Press)

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