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“We can’t allow Spain to become unraveled,” says US president

Helping Spain and the rest of Europe is in the United States’ best interest, says Obama

US President Barack Obama on Monday said that the United States “can’t allow Spain to become unraveled” by its current economic crisis.

Speaking in a telephone interview with the Spanish-language, Colombia-based W Radio network, Obama said helping Spain and the rest of Europe was in the United States’ best interest because it would also strengthen the US economy. The European Union (EU) bloc is the country’s number one trading partner, he said.

“We cannot allow Spain to become unraveled,” Obama said. “What we have tried to do is to encourage all the countries in the region to get together to make sure that Spain, which is engaged in current reforms, is getting the support from other countries like Germany. Over the long term this would make all of Europe more prosperous.”

Nevertheless, the US leader said that the EU has a difficult task ahead in trying to resolve the ongoing crisis.