Delay in reforms threatens world economy says Brown
RADICAL reforms to stabilise the world economy have still not been implemented, Gordon Brown has said ahead of the leading Group of 8 countries meeting in L'Aquila, Italy, tomorrow.
Banks had yet to respond to the calls for help from industry, the Prime Minister said, at a one-day Anglo-French summit with French president Nicolas Sarkozy in the French lakeside town of Evian.
Leaders will discuss the economic crisis in Italy tomorrow, as well as Iran and climate change. But they were warned not to presume the economic recovery was near by World Bank president Robert Zoellick.
In a letter to G8 host, Italian prime minister Silvio Berlusconi, Mr Zoellick said that 2010 could yet be a "dangerous year".
Mr Brown and Mr Sarkozy also announced a new deal to curb illegal immigration, the UK giving France 15 million a year to toughen up its border controls.
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