Obama: G20 summit made progress with Europe's economic crisis
? President Barack Obama says the G20 summit has made progress dealing with Europe?s growing economic crisis. Obama says he believes Europe can meet the challenges from the Greek debt crisis and our slow economic recovery. Obama told reporters he is satisfied that Europe?s leaders are working to prevent Greece?s problems from spreading around the world and hurting the U.S. economy. Obama addressed the media at the end of today?s economic summit in Cannes, France.
Obama says today?s drop in U.S. unemployment is ?positive? news but admits the economy is still growing way too slow.