Barroso at G20 in Seoul: summit is credibility test
896 views · Published 12 November 2010 · 1:20 · Indexed 22 September 2026
Channel: Euractiv · 2010 · News & Politics
At the opening of the G20 Summit in Seoul, South Korea, EU Commission president Jose Manuel Barroso has again raised his concerns over artificially low exchange rates and currency devaluation. Europe again finds itself susceptible to economic power-plays by the established nations such as the US, and the emerging China. Previously he has spoken to both Barack Obama and Wen Jiabao about the countries currency devaluations. He uses the G20 summit as a further occasion to reiterate the point, along with touching on the crisis, and recovery in Europe.
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