Obama discusses debt turmoil with Merkel

Updated: 2011-12-08 08:52

(Xinhua)

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WASHINGTON - US President Barack Obama and German Chancellor Angela Merkel Wednesday discussed the issue of tackling eurozone debt crisis, said the White House.

"The President and German Chancellor Angela Merkel spoke by phone this afternoon, continuing their ongoing consultations on the financial situation in the eurozone," the White House said in a statement.

"As before, the President expressed his appreciation for the efforts the Chancellor and other European leaders are making to resolve the crisis. Both leaders agreed on the importance of a lasting and credible solution to the crisis, and agreed to continue their close cooperation on these issues," noted the statement.

US Treasury Secretary Timothy Geithner was in his three-day visit in Europe to seek collaborated efforts with eurozone authorities to tackle the worsening eurozone debt crisis.