European leaders said the emergency finance summit in Washington was a success, even though the resulting action plan was less drastic than some of their original suggestions. The measures agreed to at the meeting include a call for beefing up regulation of the world's financial system, bolstering government spending to spur economic growth and reforming international financial institutions. "We are determined to enhance our cooperation and work together to restore global growth and achieve needed reforms in the world's financial systems," said the Group of 20 (G20) leaders, which included the world's advanced economies as well as the leading emerging economies. The G20 represents 85 percent of the global economy.
The measures agreed to at the meeting include a call for beefing up regulation of the world's financial system, bolstering government spending to spur economic growth and reforming international financial institutions.
"We are determined to enhance our cooperation and work together to restore global growth and achieve needed reforms in the world's financial systems," said the Group of 20 (G20) leaders, which included the world's advanced economies as well as the leading emerging economies. The G20 represents 85 percent of the global economy.
"We are determined to enhance our cooperation and work together to restore global growth and achieve needed reforms in the world's financial systems," said the Group of 20 (G20) leaders
Does anybody really believe they are capable of doing this?Or even willing?
sure, as long as 'reform' means free market principles lower taxes for their rich friends, a shrewd decision made while quaffing $500 bottles of wine.
never mind, supersarko will have them all singing 'bella ciao' after the brandy...
the 'obama effect' dontchaknow... ~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~
