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Global economy/Cannes G20 summit

Published on September 23, 2011
Talks between Nicolas Sarkozy, President of the Republic, Barack Obama, President of the United States of America, and Dilma Rousseff, President of Brazil – Communiqué issued by the Presidency of the Republic

Paris, September 22, 2011

In New York, President Sarkozy met Barack Obama, President of the United States, and Dilma Rousseff, President of Brazil.

They talked about the global economic situation and the debt crisis.
President Sarkozy reaffirmed France’s determination to implement all the elements of the 21 July agreement, which must ensure support for the Greek adjustment programme and the provision of stronger instruments for the Euro Area to combat the crisis.

The Head of State told his partners that the crisis affecting the Euro Area has to be resolved in the more general framework of a global growth strategy, which he intends advocating at the Cannes G20 summit.

This summit, whose programme he discussed in detail with his interlocutors, must lead to concrete solutions on every issue put on the agenda by the French G20 presidency. President Sarkozy said that he would put the issue of returning to growth and financial stability at the heart of discussions. The current situation calls for the implementation of credible medium-term strategies to return to sound public finances, but, equally, coordinated policies at global level to support growth and allow the global economy to make the most of the dynamism of the emerging world./.

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