Calderon Says G-20 Will Make Headway on European Crisis

Mexican President Felipe Calderon said world leaders will make “significant” headway in addressing the European debt crisis at a meeting next week and called on countries to commit resources to the International Monetary Fund.

Calderon, who will host a Group of 20 summit in the Pacific coastal city of Los Cabos on June 18-19, said Mexico will also push for countries to adopt financial regulations to avoid future crises.