Safe Mode: On
G7 crisis talks as eurozone storm clouds darken

5 June 2012 Last updated at 15:59

There is concern that decisive action to rebuild the eurozone is taking too long

Finance chiefs of the G7 group of industrial nations have held emergency talks about the eurozone debt crisis.

It comes amid fresh worries about the eurozone's economy, underlined in data showing that private sector activity, including in Germany, fell in May.

The talks ended without a G7 statement, but Japan's finance chief vowed a "speedy" response to the crisis.

Jun Azumi was quoted by news agencies as saying: "We were able to share our recognition on the European issue."

He added: "The European side stated that they will respond to it speedily."

The teleconference of finance ministers and central bank chiefs came just a few days after US President Barack Obama blamed Europe for slow growth in the US economy.

With mounting concern about S

Added: Jun-5-2012 Occurred On: Jun-5-2012
By: gemini
Regional News
Tags: crisis
Views: 834 | Comments: 1 | Votes: 0 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
You need to be registered in order to add comments! Register HERE