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  • France's Hollande to make Eurobond proposals at EU summit

  • CAMP DAVID, Maryland (Reuters) - French President Francois Hollande said he would make proposals for Eurobonds at an upcoming European summit. Speaking at the end of the G8 leaders' summit at Camp David, Hollande said he would make the suggestions with other partners at the European meeting scheduled for May 23. The move would be part of the new French leader's efforts to persuade his colleagues to adopt policies intended to stimulate growth in Europe. (Reporting By Elizabeth Pineau. Writing by John Irish)
  • Obama sees 'emerging consensus' on economic fix

  • World leaders attend the first working session of the G-8 Summit at Camp David, Md,, Saturday, May 19, 2012. From left are French President Francois Hollande, U.S. President Barack Obama, British Prime Minister David Cameron and Russian Prime Minister Dmitri Medvedev. (AP Photo/Philippe Wojazer, Pool)Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that has crippled the European continent and put investors worldwide on edge.



  • Obama, G-8: Recovery takes both growth and cutting

  • World leaders walk to the family photo session at the G-8 Summit at Camp David, Md., Saturday, May 19, 2012. From left are Italian Premier Mario Monti, British Prime Minister David Cameron, German Chancellor Angela Merkel, U.S. President Barack Obama, French President Francois Hollande, Canadian Prime Minister Stephen Harper, Japanese Prime Minister Yoshihiko Noda, Russian Prime Minister Dmitri Medvedev and European Commission President Jose Manuel Barroso. (AP Photo/Philippe Wojazer, Pool)Confronting an economic crisis that threatens them all, President Barack Obama and leaders of other world powers on Saturday declared that their governments must both spark growth and cut the debt that has crippled the European continent and put investors worldwide on edge.



  • Cameron calls for euro contingency plans

  • British Prime Minister David Cameron and French President Francois Hollande speak at the end of their meeting in WashingtonCAMP ROUND MEADOW, Maryland (Reuters) - Prime Minister David Cameron urged countries on Saturday to put in place strong contingency plans to deal with fallout from the euro zone debt crisis as fears grow that Greece could be forced out of the European single currency. Cameron, speaking at a summit of the Group of Eight major economies, also appeared to hint that the European Central Bank should follow the example of the Bank of England by embarking on an asset purchase program to try to boost the economy. ...



  • G-8 leaders hope Greece remains in eurozone

  • French President Francois Hollande, left, listens as U.S. President Barack Obama speaks at the start of the first working session of the G8 Summit at Camp David, Md., Saturday May 19, 2012. (AP Photo/Philippe Wojazer, Pool)President Barack Obama and other leaders of the Group of Eight industrial nations expressed hope Saturday that Greece will remain in the eurozone as they huddled for a shirt-sleeves summit aimed at keeping Europe's economic troubles from multiplying and spreading around the world.



  • France's Hollande wants Greece to stay in euro zone

  • CAMP DAVID (Reuters) - French President Francois Hollande said on Saturday he wanted Greece to stay in the euro zone, but expected the country to meet its commitments. "The message I gave was the hope that Greece stays in the euro zone, respects its commitments and is supported by Europe to stimulate its growth," he said. Hollande said he had wanted to discuss Spanish and other bank recapitalization, but the G8 had not been the forum to deal with the issue. (Reporting By John Irish and Elizabeth Pineau. Editing by Warren Strobel)
  • France's Hollande says G8 agree on Annan Syria peace mission

  • CAMP DAVID (Reuters) - French President Francois Hollande said on Saturday that G8 countries had agreed to continue supporting U.N. and Arab League special envoy Kofi Annan's Syrian peace efforts. "I insisted that all the participants support Kofi Anan's mission so that observers can provide protection of the Syrian people from their leaders," Hollande said referring to U.N. personnel operating in the country. (Reporting By John Irish and Elizabeth Pineau)
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