Obama, Merkel to work together ahead of G20 summit
Oct 15, 2011, 1:01 GMT
Washington - US President Barack Obama and German Chancellor Angela Merkel agreed in a telephone conversation Friday to stay in close contact ahead of a meeting of the leaders of the Group of 20 leading and emerging economies next month.
The leaders discussed the economic crisis in the eurozone, the White House said.
Earlier Friday, Merkel had hit back at Obama in a dispute over the financial crisis.
Merkel, addressing a congress of trade unionists, said, 'It cannot be that nations outside the eurozone, who constantly urge us from outside to do something to fix the debt crisis, at the same time reject across the board any financial-markets transaction tax.'
The G20 finance ministers gathered in Paris Friday and were to continue meeting Saturday as pressure grew on Europe to ensure that the eurozone debt crisis does not spill over into the global economy.
The G20 leaders are to meet in Cannes in November to hammer out further steps to address the crisis.
Read more about Germany