Group of 7 big industrial state makes a statement acceptance answers financial crisis hand in hand
October of Washington of China News Service west of 11 days of report group of 7 big industrial state (G7) Ministry of finance grows 11 days to be in early Washington publishs joint statement, put forward to answered the action of global banking crisis to plan hand in hand at 5 o'clock.
The west group peak meets 7 countries be held in American capital Washington this morning, the group expressed the 7 states after the meeting a brief statement expresses, they will take decisive action, use all methods, extensive reply borrows flow, stabilize money market.
These 5 actions that answer financial crisis plan acceptance to assure, the decisive big bank that the government will endeavor to protect those to matter to financial safety mixes 7 countries other finance orgnaization, do not let them close down in this disturbance, offer convenient let them can plan market fund from domain of fair republic privately owned. The serious frozen credit that because financial crisis is caused,plans affirmatory still defrost and monetary market, ensure the deposit of each member country is sure and assure the plan is not sent come to nothing, let broad depositor hold hope to his bank deposit.
On the press conference after group finance peak meets 7 countries, baoersen of American finance minister says, american government consideration will be noted directly endowment the share that buys large commercial bank, this is to go up oneself century since great depression of 30 time economy, american government takes similar move first. Bao Ersen still discloses, washington is the same as the United States the country such as China of current the mainest creditor, Japan cooperates cheek by jowl, in order to answer financial crisis.
American president Bushendi is opposite for a short while 7 countries the statement of the group make response. Bush makes a statement say, american general and other and main country try hard together, face the menace that flourishs in the light of the world jointly, will exhaust can adopt all necessary step to dissolve financial crisis, he believes global economy will become more driving accordingly.
While peak of group finance minister meets 7 countries, by the 24 nations that the developing country comprises group meeting is held another at the same time in Washington. As observer, china expedited official of finance and economics to attend one year for two times this one conference.
As a result of 7 countries the peak of the group can fail to put forward to solve the fine medicine of the serious banking crisis that current whole world faces, the group expresses 7 states action plan is very empty also at 5 o'clock, did not include any specific measure, cause here a lot of criticism, bank of alive even group and IMF hold Zun Like of world bank president eve says to the outside, 7 countries this kind of form cannot have answered the group current world economy problem, should absorb include the burgeoning economy system such as China, Brazil and Russia to comprise bigger international cooperative form. The ministerial class meeting that group meeting was holding 24 countries here a few days ago, before discussing item, cosmopolitan economy crisis may give these countries brought effect, the joint statement that the group publishs 24 countries says, burgeoning may get with the economic growth foreground of system of the economy in development the influence of global banking crisis, this group appeal adopts extensive international operation to prevent crisis aggravation.
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