Statement by the Press Secretary on the President’s Call with Chancellor Merkel of Germany

The President spoke with German Chancellor Angela Merkel this morning by telephone about the Euro zone crisis in advance of the European Council meeting on July 21.  They agreed that dealing effectively with this crisis is important for sustaining the economic recovery in Europe as well as for the global economy. The President also congratulated the Chancellor on Germany’s success in hosting this year’s Women’s World Cup and making it a memorable experience for players and fans alike.