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Money Talks | 20.11.2008 | 00:30

Did Europe Emerge Stronger from G20 Summit?

It was the meeting that was meant to find a way out of the global financial crisis. But what will it mean for Europe?

The G20 summit in Washington wrapped up at the weekend with world leaders pledging to work together to restore global growth. The heads of the world’s leading industrialised and emerging nations said they were determined to work together to achieve "needed reforms" in the world's financial systems, which would include more oversight and regulation over global markets. But the sweeping changes that some were hoping for failed to materialise. Even so, there were observers present who thought it ushered in a new era of influence for European policy.

Report: Jennifer Abramsohn

 
 
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