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Tag Archives: Mexico City

Disagreement over eurozone firewall overshadows G20 meeting

schauble germany

MEXICO CITY: Germany clashed with some of its key G20 partners on Saturday over raising the eurozone’s firewall at the start of a key meeting of finance ministers and central bankers dominated by the debt crisis. With markets calmer due to the latest massive bailout for Greece, divisions intensified over how to handle the crisis and its fallout. Countries including the ... Read More »

At G20 meeting in Mexico City, emerging markets show growing assertiveness

g20 mexico

Emerging markets are finding their voices within the Group of 20, a development that will reshape global efforts to avoid financial meltdowns and shape economic growth. The dominant issue at this weekend’s G20 gathering of finance ministers and central bank governors is putting an end to worries that a big European economy could go bankrupt. While the path to a ... Read More »

G20 inches toward $2 trillion rescue fund

G20 Mexico 2012

MEXICO CITY (Reuters) – Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world’s leading economies to secure nearly $2 trillion in firepower to prevent further fallout from the euro-zone’s sovereign debt crisis. Finance leaders from the Group of 20, meeting in Mexico City this weekend, are trying to build up ... Read More »