G8 meeting could be more important than in previous years

As leaders of the G8 heard to Camp David for talks, the elephant in the room is the Euro zone and the prospect of a Greek departure from the union.

The Washington Post notes that “officials from outside the euro area are worried whether emergency measures taken over the past years by European leaders — including hefty bailout funds and inexpensive loans to struggling banks — are adequate.”

Given the political and economic importance of resolving the financial crisis, this year’s meeting is seen as more crucial than in previous years.

Afghanistan and malnutrition will be on the agenda, and there are reports that President Obama will call to release emergency oil supplies.

 

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