1. G-20 Summit Focuses on Impending Devastation for European Countries
However, it did comment that for countries that can afford to increase their spending, they should do so immediately, commenting that countries with "sufficient fiscal space stand ready to coordinate and implement discretionary fiscal actions to support domestic demand" (Castillo). ... As predicted, they called for budget cuts to mend frivolous fiscal policies and restore confidence. ... The IMF announced that their funding abilities are limited, and Europe needs to focus on policies that promote growth to cure their problems. ... Euro Area members of the G20 will take all necessary policy ...
- Word Count: 1321
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate