The Hill News

President Obama pledged to keep working with the European Union to resolve "the situation in Greece" after a meeting with French President Nicolas Sarkozy on Wednesday in Cannes.

"The United States will continue to be a partner with the Europeans to resolve these challenges," Obama said in a joint statement released by the two leaders.

Obama is in Cannes for the G20 summit this week, where he was expected to urge quick action on the bailout plan agreed to by European leaders last month.

However, shortly before Obama's trip, Greek Prime Minister George Papendreou balked, announcing he would allow his country to vote on whether or not to reject the bailout plan. The referendum call split the Greek cabinet, with BBC News reporting Thursday that Papendreou would offer to resign.

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