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Debt Levels, Big Monetary Stimulus On Tap At G20


Ron Burgundy
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European Economic and Monetary Affairs Commissioner Olli Rehn attends a debate on the situation in Cyprus at the European Parliament in StrasbourgBy David Gaffen and Jan Strupczewski (Reuters) - Finance leaders of the G20 economies on Friday were set to debate specific targets for reigning in debt levels and the potential dangers from the latest round of aggressive easing of monetary policy from the world's biggest central banks. They were also poised to demand swifter resolution to setting guidelines for financial benchmarks like the Libor interest rate in the wake of a global rate-rigging scandal. But a rethinking of the austerity push among the world's biggest economies loomed as the biggest talking point. ...




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