G-20 responds to European debt crisis with deficit-cutting goal
Group of 20 leaders responded to the European debt crisis with deficit-reduction targets and agreed to pursue higher capital requirements for banks once economic recoveries take hold. Advanced G-20 economies will aim to halve deficits by 2013 and start to stabilize their debt-to-output ratios by 2016, the group said in a statement yesterday after a [...]
Jun 28 2010 | Posted in World Business | Read More »