Financial crisis: G20 Summit in London
On April 2nd 2009, Leaders from the 19 World's largest economy and the EU will meet in London for the G20 summit. After the Washington summit held in November 2008, they will try to restore global economic growth and find solutions to the impacts of the Financial Crisis.
(more on the financial crisis)
The summit aims at getting 3 commitments from the leaders:
- First, to take whatever action is necessary to stabilise financial markets and enable families and businesses to get through the recession.
- Second, to reform and strengthen the global financial and economic system to restore confidence and trust.
- Third, to put the global economy on track for sustainable growth.
The agenda includes the following issues:
- Coordinate macro-economic actions to revive the global economy, stimulate growth and employment - review measures taken and possible further steps
- Reform and improve financial sector & systems - continue to deliver progress on the Washington Summit action plan
- Reform international financial institutions (IFIs) - International Monetary Fund (IMF), Financial Stability Forum (FSF) and World Bank
EU Documents
Statement by Gordon Brown at the plenary session of 24.03.2009
Articles
07.04.2009, Financial Times
African leader hail G20 progress
by William Wallis
03.04.2009, The Guardian
G20: Gordon Brown brokers massive financial aid deal for global economy
02.04.2009, European Voice
G20 pledges $1.1 trillion
By Jim Brunsden
02.04.2009, Financial Times
G20 leaders hail crisis fightback
By George Parker, Chris Giles and Edward Luce
02.04.2009, AllAfrica
G20 Leaders Promise Billions for Low-Income Nations
31.03.2009, European voice
"EU and US positions on are closer than ever"
by Simon Taylor and Dana Spinant
31.03.2009, Xinhua
Zoellick urges G20 leaders not to forget the poor
31.03.2009, The Guardian
G20 Summit: Nicolas Sarkozy threatens to walk out if call for more regulation is ignored
by Angelique Chrisafis
27.03.2009, AllAfrica
Global Crisis 'Hits Africa Twice'
by Kofi Annan
26.03.2009, The Telegraph
G20 Summit: Lula da Silva throws his weight behind a new fiscal stimulus
by Edmund Conway
25.03.2009, The Financial Times
UN urges $ 1,000 bn for developping countries
By Harvey Mooris
23.03.2009, The Namibian
ADB calls on G20 for help
By Eliane Engeler
22.03.2009, The Guardian
G20 warned unrest will sweep globe
By Heather Stewart and Larry Elliott
17.03.2009, International Herald Tribune
France and Germany say regulation priority for G20
By Madeline Chambers and Paul Carrel
11.03.2009, The Guardian
Will the G20 summit live up to expectations?
UN chief to convey African message to G20
11.03.2009, Financial Times
G20 urged to avoid issues "irrelevant" to resolving crisis
Blogs
G20 voice, a ONE campaign initiative, with bloggers from all over the world (also on Twitter)
Useful Links
G20 Summit in London Official Website
Civil Society at the G20
Some demonstrations are planned to take place before and during the G20
On March 28: Put People First, NGO coalition "Job, Justice and Climate"
April 1st: Camp for Climate Action
April 2nd: Stop the War and the Campaign for Nuclear Disarmament (CND) are organizing a march
