Tuesday, May 29, 2012

World economic growth: EU r?ffelt China, Japan and the United States

Tags: China, Economic, growth, Japan, r?ffelt, States, United, world

world economic growth: EU r?ffelt China, Japan and the United States

Brussels Before the G20 meeting in June, the EU requires a contribution from the United States, China and Japan to promote global economic growth . The United States and Japan would have to bring their public finances in order and allow China including a free trade its currency, according to a letter from European Commission President Jose Manuel Barroso and President Herman Van Rompuy to the 27 members of the Union.

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?Europe has a special responsibility for safeguarding financial stability in the euro-zone complied,? write the two. ?Now it is reinforced on all G20 members to continue their efforts to ensure a sustainable global economic recovery.? Meet the leaders of the group of leading industrialized and emerging countries on 18 and 19 June in Mexico.

Barroso and Van Rompuy warned the U.S. against the end of the year again to get into financial trouble because the statutory limit of indebtedness is reached earlier. The EU countries should therefore push in Los Babo?s biggest economy to produce a credible medium-term plan for Schuldenbau.

Sources:

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