|
EU: Set for bruising G20 encounter with US |
|
|
|
|
A new policy divide appears to be opening up between the EU and the US over the extent stimulus spending programmes should be used to combat the current global recession.
blank_page Speaking on Monday following a three hour meeting of 16 euro zone finance ministers, the group's president, Jean-Claude Juncker, signalled that the recent US call for a global spending boost in 2009 was in direct contrast to what euro zone finance ministers considered appropriate. The striking divergence between governments either side of the Atlantic is likely to mean heated debate when the two sides meet on 14 March for a meeting of G20 finance ministers and on 2 April at the G20 leader's summit. Pray:for the G20 summit as it meets to discuss global strategy that they will be given God's wisdom to answer the needs of the nations, rich and poor alike. (Is.58:10) Source: Prayer Alert |
