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France is threatening G20 walkout (290 hits)

France is threatening G20 walkout

France will walk away from this week's G20 summit if its demands for stricter financial regulation are not met, the finance minister has told the BBC.

Christine Lagarde told HardTalk that President Sarkozy would not sign any agreement if he felt "the deliverables are not there".

Strengthening financial regulation will be one of the key issues at the G20.

France wants a stronger global financial regulator than the US and the UK would like.

If France were to leave the summit, it would be a blow to both UK Prime Minister Gordon Brown and US President Barack Obama. Read more...



Posted By: Steven Muhammad
Tuesday, March 31st 2009 at 7:55AM
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