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Most viewed in Economics
France and the Netherlands strike backThe EU has made three mistakes in its approach to austerity and economic rebalancing. |
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Barroso pledges EU 'growth initiative'Commission president says there is growing support from EU leaders for pro-growth strategies. |
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No EU deal on banking rulesUK blocks compromise agreement on new bank capital requirements at meeting of EU finance ministers. |
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Forthcoming G20 meetings:
Finance ministers and central bank governors – November
Leaders – June 2010 (Canada), November 2010 (South Korea), 2011 (France)
Tasks:
Publication of a new blacklist of tax havens – by February 2010
Apply sanctions against tax havens – from March 2010
Financial Stability Board to propose possible reforms to prudential requirements for “systemically important institutions” – by end October 2010
Develop internationally agreed rules to improve the quantity and quality of bank capital and discourage excessive leverage – end 2010
Develop an international framework for large banks' insolvency procedures – by end 2010
Complete the World Trade Organization's Doha Development Round – by end 2010
Complete review of quotas at the International Monetary Fund – by January 2011.
Creation of a single set of global accounting standards – by June 2011
All standardised over-the-counter derivative contracts to be traded on exchanges - by end 2012
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Germany will find itself under pressure to accept the idea of jointly issued debt.
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US, UK leaders say failure to deal with crisis will infect economies across the globe.
Commission president says there is growing support from EU leaders for pro-growth strategies.
