G20 summit: Barroso blames eurozone crisis on US banks

EC president says European leaders have not come to Mexico to receive lessons on how to handle the economy

 

When asked by a Canadian journalist “why should North Americans risk their assets to help Europe?” he replied: “Frankly, we are not here to receive lessons in terms of democracy or in terms of how to handle the economy.

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“By the way this crisis was not originated in Europe … seeing as you mention North America, this crisis originated in North America and much of our financial sector was contaminated by, how can I put it, unorthodox practices, from some sectors of the financial market.”

 

http://www.guardian.co.uk/world/2012/jun/18/g20-summit-barroso-eurozone-…

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