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EU Aims to Present United Front at G20 Summit | Europe | Deutsche Welle | 30.03.2009
After refining its economic positions at a recent summit, the EU seems ready to present a united front at the upcoming G20 talks in London. But some issues are still being fought over within the 27-member bloc. 

At a summit in Brussels on March 20, the EU member states agreed on an extra 75 billion euros ($101.5 billion) for the International Monetary Fund (IMF), as well as a further 25 billion euros in emergency credit for Eastern Europe. With that, the union appeared to have aligned the position it would take at the upcoming G20 summit in London on April 2.

Going by the words of French President Nicolas Sarkozy at the latest EU summit, it would seem that the European Union is marching to London in step as one unit.

"Everyone agrees on tax havens and a blacklist, on hedge funds and executive pay, on clear balancing rules for banks and the need for regulation," Sarkozy said.

by Fran on Mon Mar 30th, 2009 at 02:05:22 PM EST
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