President José Manuel Barroso of the European Commission (EC), left, makes remarks as he and President Nicolas Sarkozy of France, who also serves as this year's rotating President of the European Union (EU), left, are welcomed to the Presidential Retreat by United States President George W. Bush, center, on Saturday, October 18, 2008. The two European leaders stopped at Camp David to meet with President Bush to discuss the economy on their way home from a summit in Canada to try to convince Bush to support a summit by year's end to try to reform the world financial system. (UPI Photo/Ron Sachs/Pool) |
License Photo
"Europe and Asia have come together in Beijing at a time of global crisis, and indeed, we are in a moment where we need global teamwork," European Commission President Jose Manuel Barroso told the broadcaster, adding, "We either stick together or we sink together."
Summit attendees on Friday called for new rules to govern international finance and urged a more expansive role for the International Monetary Fund in helping countries such as Iceland and Pakistan, whose finances have put them in imminent economic peril.