Obama: Greece crisis could hit EU growth but no major shock

GMT 17:23 2015 Tuesday ,30 June

Arab Today, arab today Obama: Greece crisis could hit EU growth but no major shock

US President Barack Obama
Washington - Arab Today

US President Barack Obama warned Tuesday the unfolding Greek financial crisis could have a "significant effect" on European growth and "dampen" world economic expansion.

However, he added, during a joint White House press conference with visiting Brazilian President Dilma Rousseff, "In laymen's terms, for the American people, this is not something that we believe will have a major shock to the system."

 

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