G-7 Finance Officials Review European Developments

By: AP
By: AP

WASHINGTON (AP) -- The U.S. Treasury Department says finance ministers and central bank presidents of the world's seven wealthiest countries have held an emergency conference call to review the policy options European leaders are considering to forge a stronger financial and fiscal union in Europe.

The statement said that the finance officials agreed to keep monitoring developments closely in the runup to a leaders' summit of the Group of 20 major economies on June 18-19 in Los Cabos, Mexico. The European debt crisis is expected to be the major agenda item at that meeting.

On Monday, the administration said that the United States expects to see more action to strengthen the European banking system over the next two weeks. The G-7 countries are the United States, Japan, Germany, France, Britain, Canada and Italy.


KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.

If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.

powered by Disqus
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 157239485 - kktv.com/a?a=157239485
Gray Television, Inc.