Sunday, August 8, 2010

Greek PM: Obama receptive to reining in speculators

Tue Mar 9, 2010 3:23pm EST

WASHINGTON, March 9 (Reuters) - Greek Prime Minister GeorgePapandreou said on Tuesday he had received a positive responsefrom U.S. President Barack Obama to calls for a global campaignto rein in market speculators.

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"We have found a positive response from President Obama,which means that this issue will be on the agenda in the nextG20 meeting," Papandreou told reporters after his meeting withObama at the White House.

He added that he had briefed Obama on a European initiativeto clamp down on speculators.

"We ourselves were in the last few months the victims ofspeculators. Obama assured me that he considers the initiativeuseful, important, positive and that the United States willcontribute in this direction," he added. (Reporting by Lesley Wroughton; Editing by Dan Grebler)

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