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Euro-Area Finance Chiefs to Meet After Obama Steps Up Pressure

President Barack Obama renewed pressure on European leaders to prevent a dismantling of the single currency before euro-area finance ministers meet today to seek a resolution to the two-year-old crisis.

Agreeing on a sufficient response to Europe’s problems is of “huge importance” to the U.S., Obama told reporters after meeting yesterday with European Union President Herman Van Rompuy and European Commission President José Barroso.