March 25, 2009
Posted: March 25th, 2009 03:00 PM ET
From CNN's Sarah Parker
The European Union's current president Mirek Topolanek went head-to-head with Washington over the global economic crisis Wednesday.
(CNN) – The European Union president went head-to-head with Washington over the global economic crisis Wednesday, condemning President Barack Obama's economic recovery plan as "a way to hell." The comments came as the prime minister of the Czech Republic and current holder of the EU presidency Mirek Topolanek addressed the European Parliament in Strasbourg, France. The Czech PM blasted the "Buy America" campaign and growing US budget deficit, saying "all of these steps, these combinations and permanency is the way to hell." Topolanek continued his attack saying Treasury Secretary Tim Geithner's toxic assets plan was "quite alarming" and that US fiscal bailouts "will undermine the stability of the global financial market." "We need to read the history books and read with it the lessons of history and the biggest success of the (EU) is the refusal to go this way," he said. Topolanek's criticism followed UK Prime Minister Gordon Brown's speech to Parliament Tuesday where stressed the importance of EU-US cooperation and lauded President Obama's transatlantic collaborative efforts. Party of European Socialists chair Martin Schulz was critical of the EU president's claims Wednesday, saying that the US "had taken the wrong road, the road to hell" was Topolanek's view alone and the EU should "not be operating at this level." President Obama will travel to London next week to participate in a Group of 20 summit, where the president is expected to champion EU-US unity on global economic policy. Filed under: EU President Obama
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