2 apr 2009

EU president: Obama's rescue plan is 'road to hell'

"The US treasury secretary talks about permanent action and we at our [EU summit] were quite alarmed by that. He talks about an extensive US stimulus campaign. All of these steps are the road to hell."

Yesterday, Brown told the same chamber he had just spoken to Obama in preparation for next week's London summit. "Never in recent years have we had an American leadership so keen at all levels to cooperate with Europe on financial stability, climate change, security and development," said Brown.

http://www.guardian.co.uk/business/2009/mar/25/obama-rescue-eu-criticism

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