Friday, September 18, 2009

Europe Speaks With One Voice On Financial Reform Ahead Of Pittsburgh G20 Summit

"Europe is going united to Pittsburgh with a clear and strong message: We don't want this to ever happen again," French President Nicolas Sarkozy said.

"It will be the task of those who go to Pittsburgh to convince our American friends that we have to get the international finance community to accept new rules of behavior," Luxembourg Prime Minister and Eurogroup head Jean-Claude Juncker told German public radio.

Disagreement over Tobin tax proposal

But there was some disagreement from the 27 EU members over proposals by Germany to levy a global tax on financial transactions that could act as a buffer against future economic setbacks.

Click here for entire DW article

And everybody pays. Global Governance issues are moving. Stay ahead and prepared by subscribing to the monthly newsletter today! - Johnny

No comments: