EU Rehn: Confident G-20 Will Reach Accord On Indicated Guidelines

There will be a G-20 agreement on guidelines to address global imbalances, EU Monetary and Economic Affairs Commissioner Ollie Rehn said Friday. Speaking to reporters on the margins of G-20 meetings, Rehn said, “I’m confident that there will be an agreement on the indicated guidelines.” He continued: “Relevant indicators to focus on global imbalances include the current account and the real effective exchange rate and currency reserves as well as public and private debt.” – iMarketNews

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