Home News Schäuble: The U.S. proposal of a bank control important for G-20

Schäuble: The U.S. proposal of a bank control important for G-20

18
0

Participate BRUSSELS (Dow Jones) – The proposal by U.S. President Barack Obama, a tax on large financial institutions to tackle the financial crisis, according to testimony by Federal Finance Minister Wolfgang Schäuble important for the relevant deliberations of the G-20. (Photo: ddp)

"The Americans have put a significant proposal on the table. We will obviously be talking about how we can include in our joint efforts," Schäuble said on Monday when he arrived in Brussels, where the evening a meeting of eurozone finance2010-01-18_Wolfgang Schäuble (2)_ddp ministers begin.
Schauble said the U.S. proposal increases with the hope that it comes at the next meeting of Heads of State and Government of the 20 most industrialized and newly industrialized countries (G-20) to a common solution. The upcoming G-20 summit takes place in June in Canada, the subsequent in November in South Korea.

-By Andrew Thomas, Dow Jones Newswires, +49 (0) 69 29725 300,
konjunktur.de @ dowjones.com
DJG / hab / sh