CCTV

Headline News

World

G20 finance ministers, bankers meet for talks on financial crisis

WATCH VIDEO

UK chancellor of the exchequer Alistair Darling said, "I believe this is part of the process. There is no quick fix. There is no overnight solution to all of this. We have the opportunity now to actually start the process and to start quickly. We have to seize that moment."

Britain's Treasury chief Alistair Darling arrives for the G20 Finance Ministers meeting at a hotel near Horsham in Sussex, England Friday, March 13, 2009. To spend or regulate their way out of the world recession? That's the question finance ministers and central bankers from the Group of 20 countries will take up during a two-day gathering starting Friday in Britain.(AP Photo/Kirsty Wigglesworth) 
Britain's Treasury chief Alistair Darling arrives 
for the G20 Finance Ministers meeting at a hotel 
near Horsham in Sussex, England Friday, March 13, 
2009. To spend or regulate their way out of the 
world recession? That's the question finance 
ministers and central bankers from the Group 
of 20 countries will take up during a two-day 
gathering starting Friday in Britain.
(AP Photo/Kirsty Wigglesworth)
 

In this small English town, security is tight for the meeting. Organizers say Horsham was chosen for its location far from the hustle and bustle of American and European financial capitals.

A organizer said, "I think part of the reason was it was away from London, and also to provide you with good security."

Over the next two days, participants will discuss short- and long-term measures to deal with both financial and economic problems. They'll also look at reshaping the global financial system and improving the role of international financial institutions, including the International Monetary Fund.

 

Editor:Zhang Ning

<< 1 2