German Chancellor Angela Merkel urged on the eve of the
summit of the Group of 20 to continue reforming financial markets. Merkel said
that there is still progress in the field shadow banking sector and hedge funds
(hedge funds). "I want to agree on a binding timetable to make it clear
when to take what steps," he said in his weekly Internet video.
The Group of Twenty agreed that each financial actor, every
financial product and every financial market should be regulated, Merkel
reminded, for whom the balance so far is "light and shadow". The
heads of state and government of the G20 industrialized countries and emerging
powers-will meets on Thursday and Friday next week in St. Petersburg to
celebrate its eighth summit.
One of the issues that will dominate the meetings on the
sidelines of the meeting is the possibility of military action against the regime
of Bashar al Assad in Syria. Merkel also expected advances in the field of tax
evasion. "The greatest economic power nations agree to an automatic
exchange of information", she said. He said the G20 would probably adopt
the recommendations of the Organization of Economic Cooperation and Development
(OECD) to prevent multinationals to evade taxes.
No comments:
Post a Comment