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Saturday 15 October 2011

G20 finance ministers in day two of eurozone talks


Finance ministers of the G20 group of nations are meeting in Paris to continue talks to find the solution of eurozone debt crisis.
One solution is whether the IMF Fund should rise in size as part of a broader global response to the current situation.
US resist to increase IMF find to solve this current situation.
On Friday, US President Barack Obama and German Chancellor Angela Merkel spoke by phone to discuss the current crisis.
US officials said Mr Obama had warned of the risks posed to the US economy, and also discussed preparations for a G20 summit in Cannes scheduled for early coming month.

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