Financial Regulatory Forum

IMF’s Strauss-Kahn sees G20 keeping stimulus stance

September 14, 2009

IMF/ECONOMY    PARIS, Sept 14 (Reuters) – Leaders of the Group of 20 nations will probably maintain stimulus policies for the moment as the crisis continues despite recent hopeful signs in some economies, IMF chief Dominique Strauss-Kahn said on Monday.
   “For months and months in Europe, and notably in France, growth will come back but unemployment will still be there. So from this point of view we obviously can’t say that the crisis is behind us,” Strauss-Kahn told France Info radio.
   “I think the trend is good. The finance ministers understood that the crisis means that we should continue to support the economy, that we shouldn’t stop now and it is not because there have been a few good numbers that we should drop our guard,” he said.
   “So I think that the heads of state in Pittsburgh will stick to this idea which is a good thing.” (Reporting by Anna Willard and James Mackenzie) ((Reuters Messaging james.mackenzie.reuters.com@reuters.net, Paris Newsroom +33 1 4949 5339; james.mackenzie@reuters.com))
 Keywords: IMF STRAUSSKAHN/
  
Monday, 14 September 2009 07:48:59RTRS [nPAB007900] {C}ENDS

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
  •