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Tue 29 Nov 2011 12:15 PM

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Obama pledges US support as Europe faces debt crisis

But White House rules out any financial contributions from US taxpayers to troubled trade bloc

Obama pledges US support as Europe faces debt crisis
US president Barack Obama pressed European Union officials to act quickly and decisively to resolve their sovereign debt crisis\n(Getty Images)
Obama pledges US support as Europe faces debt crisis
US president Barack Obama (R) with European Council President Herman Van Rompuy (Getty Images)
Obama pledges US support as Europe faces debt crisis
Obama administration has focused on offering advice on rescue programmes and how to make tough political decisions drawn from its experience during the US financial crisis of 2008 (Getty Images)
Obama pledges US support as Europe faces debt crisis
European Commission president Jose Manuel Barroso with Obama (Getty Images)
Obama pledges US support as Europe faces debt crisis
Washington may support more aid to Europe from the International Monetary Fund, where the US is the biggest shareholder (Getty Images)
Obama pledges US support as Europe faces debt crisis
European Council president Herman Van Rompuy (Getty Images)
Obama pledges US support as Europe faces debt crisis
EU leaders are expected to agree on steps toward fiscal union, considered critical for a longer term solution to Europe's debt crisis (Getty Images)
Obama pledges US support as Europe faces debt crisis
Van Rompuy and Barroso wield influence as heads of key EU institutions at the heart of efforts to address the crisis (Getty Images)
Obama pledges US support as Europe faces debt crisis
The crisis has thrown the future of the 17-nation currency bloc into doubt at a moment of weakness for the global economy (Getty Images)
Obama pledges US support as Europe faces debt crisis
US is ready to do its part but EU financial aid was not discussed at the meeting, Obama said (Getty Images)