Growth will be favoured over austerity
June 20, 2012
Los Cabos, June 20 (ANI): Secretary at India’s Department of Economic Affairs, R. Gopalan has said that the G20 summit in Mexico had seen a consensus among world leaders that growth could not be abandoned in favour of austerity measures. Gopalan told journalists at the Mexican resort town of Los Cabos where the summit was held, that if growth was compromised with, it would have a negative impact on many economies. At the end of the summit, Europe won support from world leaders for an ambitious but slow-moving overhaul of the euro zone, even as pressure built in financial markets for quicker solutions to its debt crisis that threatens the world economy.
- Copyright © SmasHits.com. All Rights Reserved.
- No re-publishing or re-printing permitted.
RECENT SNOOP NEWS
South Asian News
(May 24, 2013) South Asia News Line - covers the day's news and events in India, Pakistan and the other nations of South Asia.
(May 24, 2013) IPL Spot-fixing: Meiyappan misses Mumbai Police's 5 pm deadline
(May 24, 2013) Nobody should interfere in probe by CBI: V Narayanasamy
(May 24, 2013) Narendra Modi takes a jibe at PM over corruption
(May 24, 2013) Android apps boast volumes, but clearly iOS Apps are better!
(May 24, 2013) BSE closes 56.93 points up on May 24
(May 24, 2013) Special screening of Ishkq in Paris
(May 24, 2013) IPL Spot Fixing: Mumbai police rejects Meiyappan's plea for more time