BRUSSELS, Sept 17 (Reuters) – France is ready to accept a G20 agreement on bonuses that does not include caps as long as other measures to curb bonuses are adopted, President Nicolas Sarkozy said on Thursday. (more…)
Financial Regulatory Forum
PARIS, Sept 14 (Reuters) – French President Nicolas Sarkozy has threatened to walk out of the summit of Group of 20 leaders in Pittsburgh next week if there is no agreement on bank bonuses, daily Le Figaro reported on Monday. (more…)
By Yann Le Guernigou
CALIGNY, France, Sept 3 (Reuters) – Britain, France and Germany called on the G20 on Thursday to discuss exiting measures implemented to tackle economic crisis, as well as limits on bank bonuses, at an upcoming summit in Pittsburgh.
In a joint letter to European leaders, British Prime Minister Gordon Brown, German Chancellor Angela Merkel and French President Nicolas Sarkozy said major economies had to avoid creating new global imbalances as the recession receded.