Special Report: Global Financial Crisis
G20 meeting closes in Britain,
promises more action to fix economy
HORSHAM, Britain, March 14 (Xinhua) -- The G20
Finance Ministers and Central Bank Governors Meeting was formally closed here
Saturday afternoon after issuing a communiqué calling for further action to
restore global economy.
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Finance ministers and central bank
governers pose for group photos at a hotel near Horsham, southern England,
March 14, 2009. The G20 Finance Ministers' Meeting kicked off here
Saturday.(Xinhua/He Dalong)
Photo
Gallery>>> |
The communiqué said G20 countries agreed further
action to restore global growth, support lending and strengthen the reform of
the global financial system. Full story
G20 finance ministers, central bank governors agree to restore
global growth, support lending, reform global financial
system
HORSHAM, Britain, March 14 (Xinhua) -- The G20 finance
ministers and central bank governors agreed on Saturday further action to
restore global growth, support lending and reforms to strengthen the global
financial system.
They made the statement in a communique issued after their
meeting held on Friday and Saturday in Horsham, southern England for the London
Summit in April. Full story
G20 finance officials meet to discuss
tackling crisis
HORSHAM, Britain, March 14 (Xinhua) -- Finance ministers
and central bank governors of the G20 countries started meeting here Saturday to
discuss measures to deal with the economic crisis and reform the global
financial system.
The meeting was hosted by British Chancellor of the
Exchequer Alistair Darling, who said participants have discussed on Friday the
situation facing all the countries across the world, saying he was sure
Saturday's meeting would make progress. Full story
European expert: G20 summit to be
stage of confidence-building
BRUSSELS, March 14 (Xinhua) -- The upcoming G20 Summit in London will serve
mainly as a confidence-building stage, says a Belgian expert in political and
economic affairs.
"Confidence-building is extremely important," Jonathan
Holslag, head of research at the Brussels Institute of Contemporary China
Studies and an expert at the EU-China Academic Network, told Xinhua in an
exclusive interview on Wednesday. Full story
HORSHAM, Britain, March 14 (Xinhua) -- The BRIC nations
at a meeting of finance ministers and central bank governors of the G20
countries called for more say in the reform of the international financial
system.
The BRIC countries -- Brazil, Russia, India and China -
issued the call in a statement Saturday after the second meeting of their
finance ministers on the eve of the G20 summit in London. Full story
Brown: G20 to tackle "root causes" of
recession
LONDON, March 14
(Xinhua) -- British Prime Minister Gordon Brown said here on Saturday that the
upcoming G20 Summit in London must be used to tackle the "root causes" of the
global recession and reshape financial regulation around the world.
Speaking at a joint press conference with visiting German
Chancellor Angela Merkel in Downing Street on Saturday, Brown said the
international community was building an agreement on "the biggest fiscal
stimulus the world has ever seen" as well as on the shape of future fiscal and
monetary policy. Full story
