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Obama: Greece election shows "positive prospect" for country's economic future

Tuesday, June 19, 2012 - 00:57

June 18 - U.S. President Barack Obama said the outcome of Greece's election showed a ''positive prospect'' for that country's economic future. Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION) STORY: U.S. President Barack Obama said on Monday (June 18) the outcome of Greece's election showed a "positive prospect" for the formation of a Greek government that could work well with international partners who are helping it address its debt crisis. Obama, speaking during a meeting with Mexican President Felipe Calderon at a gathering of the Group of 20 in Los Cabos, Mexico, said leaders must work to stabilize the world financial system and avoid protectionism. "The election in Greece yesterday indicates a positive prospect for not only them forming a government, but also them working constructively with their international partners in order that they can continue on the path of reform and do so in a way that also offers the prospects for the Greek people to succeed and prosper," Obama said. "We are going to be working under your leadership, and with European partners," Obama said to Calderon who is hosting the G20 meeting, "to make sure that the economy grows, the situation stabilizes, confidence returns to the markets."

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Obama: Greece election shows "positive prospect" for country's economic future

Tuesday, June 19, 2012 - 00:57