The budget and debt crisis in Greece is “of great concern” to President Barack Obama, White House spokesman Bill Burton said today.
“We’re monitoring it very closely,” Burton told reporters traveling on Air Force One with Obama to a speech in Quincy, Illinois. Treasury officials “are in close contact with folks in Europe about the issue.”
Earlier today, International Monetary Fund Managing Director Dominique Strauss-Kahn told German lawmakeers in Berlin that Greece may need as much as 120 billion euros in aid, Green Party parliamentary spokesman Michael Schroeren said by phone.
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