Group of 7 finance ministers warns of fragile recovery and against complacency
By APSaturday, October 3, 2009
G-7 finance ministers warn of fragile recovery
ISTANBUL — The world economy is growing again, but the recovery remains fragile, according to the finance ministers from the Group of Seven rich countries.
In a joint statement in Istanbul on Saturday, they say that decisive actions have helped the global economy to recover and financial market conditions to improve.
However, they warn there is no room for complacency since the prospects for growth remain fragile and unemployment continues to rise.
The G-7 countries are the United States, Japan, Germany, France, Britain, Canada and Italy.
Filed under: Business, Currency Markets, Economy, Finance, Financial Markets, Financial Services, Government, Industries, International Relations, Politics, World
Tags: Asia, Canada, China, East Asia, Emergency Management, Europe, France, Greater China, International Trade, Istanbul, Japan, Middle East, North America, Prices, Summits, Turkey, United States, Western Europe
Tags: Asia, Canada, China, East Asia, Emergency Management, Europe, France, Greater China, International Trade, Istanbul, Japan, Middle East, North America, Prices, Summits, Turkey, United States, Western Europe
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