Finance ministers from the G7 group of industrialised nations are set to begin a two-day meeting on Friday.
Banking reforms will be top of the agenda at the meeting, which is being held close to London.
March’s emergency rescue of Cyprus will still be fresh in ministers’ minds.
The meeting is a rarity, because in recent years the G7 have tended to get together on the sidelines of the G20 and the International Monetary Fund (IMF) meetings.
The G7 is comprised of the United States, Germany, Japan, the UK, Italy, France and Canada.
UK Chancellor George Osborne, who will be chairing the meeting, said: “We will be talking about how to nurture the recovery.
“There is no doubt that there is greater stability – and that is reflected in financial markets – than perhaps there was last year.”
via BBC
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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