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May 16, 2012
Obama pushes European stimulus to save himself
Barack Obama is to press German Chancellor Angela Merkel to support a growth package to help bail out Europe at the G8 summit this weekend amid fears in the White House that the eurozone crisis could damage the president's re-election chances.
The replacement of former French Pesident Nicolas Sarkozy by [Francois] Hollande, who fought the election on a pro-growth platform, provides Obama with a potential ally in his quest, possibly forlorn, for an immediate European stimulus program.
Obama is to welcome Hollande to the White House on Friday before the two go on to the G8 summit at Camp David and then to Chicago for the NATO summit.
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