The G8 leaders met at Camp David before the Nato Summit in Chicago. The G8 is made up of the leaders of: America, Canada, Britain, France, Russia, Germany, Italy and Japan.
The financial crisis was at the centre of talks.

This was the first time newly elected French President Francois Hollande and President Obama have met. The two men are said to have agreed on the need to concentrate on growth, seen as Obama’s approval of Hollande’s policy, of moving away from austerity, towards stimulating the economy with more borrowed money.

Obama’s endorsement of Hollande has left Germany’s Angela Merkel more isolated in Europe