The recovery is gaining ground, according to the G20

Dominique Strauss-Kahn warned: he wants more consistency in regulation. The G20 works there. This Friday in Washington, he has been more talk of economic opportunities.Meeting to discuss the taxation and regulation of finance, the finance ministers of the G20 in effect Friday reaffirmed their goal of balanced growth, and pledged to develop an exit strategy for each "credible" in a joint statement issued after a meeting in Washington.

"We, the Finance Ministers and Central Bank Governors of the G20, we met in Washington to ensure global economic recovery and the transition to a sustainable high growth and balanced", said the participants in this document.

According to the G20, some countries must be persuaded to continue their policy stimulus, but all must design their plans output exceptional political support to the economy.

Tax on banks: no agreement

"We all need to develop exit strategies credible measures of macroeconomic and financial support that are tailored to individual circumstances and each country taking into account the consequences on others," said the G20.

On the issue of taxation on banks, no agreement has yet been found, according to the ministra candaien low interest rate personal loans.The leaders of the G20 Finance (Finance ministers and central bankers of the twenty richest countries in the world, Ed) are satisfied for the time to ask the IMF to continue its work on financial sector taxation.

"We urge the IMF to continue working on options to ensure that financial institutions in each country bear the brunt of any extraordinary intervention of the States where they were necessary to tackle the problem of excessive risk-taking and help to promote fair competition, "said the G20.

As revealed an official of the G20, no explicit reference to the proposal to introduce a tax on banks is made.No more than the Chinese currency that several countries, starting with the United States, consider devalued.

Parallel to this meeting, the U.S. Treasury Department, speaking through his secretary, has lowered the cost of the rescue of banks to 87 billion, or about 0.6% of U.S. GDP. In 2009, the Treasury had anticipated a cost of rescue finance to … 500 billion, or 3.5% of GDP.

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