G-20 Summit: Leaders agree on timetable for cutting their deficits; Support higher capital demands for banks
Jun 28th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
G-20 Summit: Leaders of the world’s biggest economies agreed on Sunday on a timetable for cutting their deficits and stemming the growth of their public debt, despite the Obama administration’s concern that cutting spending could imperil the fragile global recovery that is currently underway. The leaders also supported higher capital demands for banks.