April 15, 2011 G-20 Close To Deal On Guidelines For Imbalances -Officials
The Group of 20 is very close to a deal on guidelines to determine whether countries are causing imbalances in the global economy, key finance leaders said Friday. "We are very close to a deal on the economic indicator guidelines," European Union economics commissioner Olli Rehn told reporters as he headed into a meeting with his G-20 counterparts.
French Finance Minister Christine Lagarde also said they are "very, very close to having an agreement" on the guidelines.
When asked whether the G-20 would make public a list of systemically important countries to be subject to peer review under the plan, Lagarde said that "we'll have to see." The G-20 is scheduled to release a communique at the end of their meetings later Friday.
AP
