G-8 leaders hope Greece remains in eurozone - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

G-8 leaders hope Greece remains in eurozone

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US President Barack Obama, fourth right, and clockwise: British Prime Minister David Cameron, the Russian Prime Minister Dmitri Medvedev German chancellor Angela Merkel, European Council President Herman Van Rompuy, the President of the European Commissio US President Barack Obama, fourth right, and clockwise: British Prime Minister David Cameron, the Russian Prime Minister Dmitri Medvedev German chancellor Angela Merkel, European Council President Herman Van Rompuy, the President of the European Commissio

CAMP DAVID, Md. (AP) — The United States and other members of the Group of Eight industrial nations are expressing hope that Greece remains in the eurozone, saying all of the nations have an interest in the success of efforts to strengthen the eurozone and help Europe's economy grow.

The economic powers said in a statement released Saturday at their summit in Camp David, Md., that the global economic recovery is showing signs of progress, but "significant headwinds persist."

The statement came as leaders of the United States, Germany, France, Canada, Italy, Britain, Russia, and Japan are trying to figure out how to tame Europe's debt crisis while also increasing the demand for goods and spurring job growth.

President Barack Obama was hosting the Camp David meeting as world economic powers try to address a debt crisis in Greece and Spain that threatens to undermine the global economy.

Copyright 2012 The Associated Press.

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