G-20 Should Take Urgent Action on Global Economy, EU Draft Says

  • Nations should refrain from competitive devaluations, EU says
  • EU sets out priorities for Feb. 26-27 G-20 meeting in Shanghai

The world’s top finance ministers and central bankers should pledge to step up efforts to boost global growth at the Feb. 26-27 Group of 20 meetings in Shanghai, according to a European Union planning document obtained by Bloomberg News.

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