ASSESSMENTS
Europe: A 'Global New Deal' for the Economic Crisis
Feb 23, 2009 | 18:13 GMT
Carsten Koall/Getty Images
Summary
European members of the G-20 have agreed to a two-pronged stance on dealing with the financial crisis: pushing for more regulation, and recapitalizing the International Monetary Fund so it can take on a rescue effort in emerging Europe. The latter proposal likely will find support across the Continent — even in Germany.
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