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Most viewed in Economics
Democracy in distressPolitical leaders seem to be structurally condemned to short-termism. |
Greece urged to reach deal with bondholdersLatest private-sector involvement plan deemed unacceptable; former European Commission president to head up bail-out fund's investment arm. |
Denmark 'plans to sign up to fiscal treaty'Danish finance minister says negotiations are continuing but there are areas of concern. |
The G-20 includes EU member states France, Germany, Italy and the UK. The European Union as a whole is also a G20 member and is represented by the European Commission and the rotating presidency of the EU's Council of Ministers, currently held by the Czech Republic. Spain and the Netherlands are treated as informal G20 members.
Other members of the group are: Argentina, Australia, Brazil, Canada, China, India, Indonesia, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, and the US.
G20 countries account for around 90% of global gross national product, 80% of world trade (including EU intra-trade) and two-thirds of the world's population.
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National leaders urged to consider re-directing an unused €82 billion.
Why both countries seem to be losing their grip on reality.
