September 23, 2011

G-20 pledges to stand behind Europe

Finance ministers and central bank governors of the Group of 20 major economies said Thursday that they would work in a coordinated fashion to put an end to the latest financial crisis engulfing Europe. G-20 officials had not planned to put out a statement but changed their minds after stock markets around the world sold off Thursday on concerns surrounding euro-zone sovereign debt and the health of the region’s banks.

No comments: