Obama Confident Over Europe's Capacity to Solve Crisis

(MENAFN- Qatar News Agency) US President Barack Obama has expressed confidence over Europe's ability to solve its financial crisis which presents a global threat. "Even if they cannot achieve all of it in one fell swoop, I think if people have a sense of where they are going that can provide confidence and break the fever," Obama said in a news conference at the close of the G20 Summit in Mexico late Tuesday. Obama added that European leaders had assured him during G20 talks and the past few weeks of understanding the urgency situation and will take all necessary action towards its resolution.