Sing4Him
November 10th, 2008, 10:58 AM
US and EU find common ground on global financial reform
VALENTINA POP
Today @ 09:40 CET
As he prepares to host a G20 meeting on Saturday, outgoing US President George W. Bush has said he has found "common ground" with European leaders on how to address the financial crisis. However, the specifics of global reform of financial regulation are unlikely to be agreed before president-elect Barack Obama takes office.
"We believe there is a great deal of common ground among our approaches to address the turmoil in the financial markets, and President Bush looks forward to discussing how to best advance reforms to global financial markets with a wide range of leaders," White House spokesperson Dana Perino said on Saturday (8 November).
President George W. Bush will host a summit of the world's 20 leading industrialised and emerging countries in Washington on 15 November, but the expectations are that any concrete reforms will be developed only after a second summit early next year in which the incoming Obama administration participates......
http://euobserver.com/9/27075
VALENTINA POP
Today @ 09:40 CET
As he prepares to host a G20 meeting on Saturday, outgoing US President George W. Bush has said he has found "common ground" with European leaders on how to address the financial crisis. However, the specifics of global reform of financial regulation are unlikely to be agreed before president-elect Barack Obama takes office.
"We believe there is a great deal of common ground among our approaches to address the turmoil in the financial markets, and President Bush looks forward to discussing how to best advance reforms to global financial markets with a wide range of leaders," White House spokesperson Dana Perino said on Saturday (8 November).
President George W. Bush will host a summit of the world's 20 leading industrialised and emerging countries in Washington on 15 November, but the expectations are that any concrete reforms will be developed only after a second summit early next year in which the incoming Obama administration participates......
http://euobserver.com/9/27075