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Friday 25 September 2009

Italy: market turbulence top of the London talks

Italy: market turbulence top of the London talks

Italy: market turbulence top of the London talks
Italian government source said on Monday that talks between the leaders of Britain, France, Germany and Italy taking place in London on Tuesday will focus on capital markets turmoil and its impact on the global economy., "The source told Reuters that the exchange rate are not included on the agenda. The importance of the talks increased since the unrest in the Markets last week and the decision to reduce the U.S. interest. "The goal is to analyze how the tensions in the capital markets affect the real economy and the prospects for global growth." He said the talks will focus on the importance of reform of multilateral financial institutions including the International Monetary Fund

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