Tuesday, June 19, 2012

G20 Summit: CFK calls for 'policies aimed towards consistent growth'

Speaking last night at day one of the G20 Summit, President Cristina Fernández de Kirchner called on the international community to “sustain active policies aimed towards a consistent economic growth” as she stressed the “necessity of re-accessing the debt some countries bear with several different international institutions.”

Fernández de Kirchner, the ninth speaker of the evening, reminded 2008’s economic world crisis claimed over 50 million job posts and pointed out she believes Europe should have an “unified” Central Bank working as a “last instance lender.”

According to Foreign Minister Héctor Timerman’s account of the President's speech, there was a call upon G20 countries to do more in the fight to extinguish tax havens.

Yesterday, leaders from the country members of the G20 and other invited nations took part of the first session of a two-day Summit in Los Cabos, where they look to coordinate actions in the financial system and other pressing matters that make up the international agenda.

For today, the head of states are expected to discuss issues related to the overall economic global structure as well as sustained development topics and food safety related themes.

Timérman told the press last night Kirchner had briefly met Russia’s head of state Vladimir Putin and is expected to meet him again today. The president is also scheduled to have a meeting with French President Francois Hollande. Yesterday, she also met with her Brazilian counterpart Dilma Rousseff.