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Obama discusses eurozone debt crisis with French President

(Xinhua)

10:28, August 02, 2012

WASHINGTON, Aug. 1 (Xinhua) -- U.S. President Barack Obama spoke with French President Francois Hollande over the phone earlier Wednesday to discuss tackling the eurozone debt crisis, the White House said on Wednesday.

"President Obama spoke with French President Hollande today as part of his ongoing discussions about eurozone economic developments," the White House said in a short statement.

Obama welcomed the recent declarations by the European Central Bank head Mario Draghi and other European leaders on the need to do what is necessary to preserve the eurozone and encouraged them to take decisive action, according to the statement.

The Obama administration has been in close consultation with European leaders in recent months to solve the simmering eurozone debt crisis. Obama also spoke with Italian Prime Minister Mario Monti over the phone on Tuesday to discuss solutions of the eurozone debt crisis.

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