Eurogroup Seeks Unity on Pittsburgh G-20 Approach

966 views · Published 2 September 2009 · 1:57 · Indexed 20 September 2026

Channel: Euractiv · 2009 · News & Politics

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Eurozone finance ministers are meeting in Brussels on Wednesday in order to agree a common position ahead of the G-20 talks on the economic crisis later this months. One of the proposals on the table is a plan to limit bankers' bonuses.

The main purpose of the meeting is to agree on a common EU position for the G20 meeting of finance ministers and central bank governors in London on 4-5 September. The policy areas which are currently on the G20 agenda and which may be discussed at the meeting are as follows: the general economic situation, including a discussion of a strategy to ensure stability and sustainability of public finances. Avoidance of future financial crises. This includes measures to strengthen financial market regulation and supervision. Reform of governance and representation in the IMF, the World Bank and regional multilateral development banks and strengthening their resources. The issue of reforming international multilateral lending facilities to assist the very poorest countries in achieving a balanced and long-term recovery.
 


 
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Title 
  00:00:05
Christine Lagarde, French Minister for Economic Affairs 
  00:00:10    
Jean-Claude Juncker, Prime Minister of Luxembourg and Christine Lagarde (2 shots) 
  00:01:16
France Križanič, Slovenian minister for Finances 
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Joaquin Almunia, EC member in charge of Economic and Monetary Affairs and Jean-Claude Trichet, ECB President 
  00:01:27
Ioannis Papathanassiou, Greek Minister for Economy and Finances 
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Luc Frieden, Luxembourgian Minister for Finances and Jyrki Katainen, Finnish minister for Finance 
  00:01:38
Tonio Fenech, Maltese Minister for Economy and finances 
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Jean-Claude Juncker 
  00:01:48
Elena Salgado Mendez, Spanish Minister for Economy and Finances and Christine Lagarde 
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General view 
  00:01:57
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