September 7, 2011
A meeting of Group of Seven finance chiefs on Friday will discuss the struggling world economy and progress in regulating the financial sector but a coordinated action plan to calm markets is unlikely.
Delegates at the one-day gathering in the Mediterranean port city of Marseille will seek to emphasize their commitment to preserving the fragile global recovery while avoiding promoting a one-size-fits-all approach, G7 sources say.
Host country France is expected to indicate that different responses are appropriate in different countries to the latest crisis of confidence rocking world markets.
This article was posted: Wednesday, September 7, 2011 at 11:30 am