The Finance Ministers and the Central Bankers of the G20 will meet in Ankara this weekend. The main subject will be China and the effects of the country΄s economy on the global economy. It is expected that they will urge Greece to continue with the appropriate measures in exchange for a considerable reduction on the country΄s debt.
According to a U.S. official, in Europe:”Still, more needs to be done with respect to domestic policies to boost longer-term growth prospects”…”Stronger actions using balanced set of tools to provide greater support to demand, part investment which remain weak”
“Efforts at the European level to boost growth will also help to improve prospects for economic recovery in Greece,” the official said. “In Ankara, we will encourage our European partners to meet their commitment to provide meaningful debt relief while emphasizing that Greece needs to continue to implement reforms. We will also urge the IMF to stay engaged with all parties.” Info:MNI