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EU member states are trying to hammer out a common position on what to present at the upcoming emergency G20 meeting in the US (Photo: Wikipedia)

France pushes for EU common front ahead of global financial summit

Finance ministers from the 15-strong eurozone are to meet in Brussels tonight (3 November) to discuss French-tailored ideas on how the international financial system should be re-regulated in the face of global market turmoil.

"The current crisis is both a macroeconomic crisis and a crisis of the regulatory and oversight architecture," reads a paper that France, currently chairing the European Union's six-month rotating presidency, hopes to turn into a common position for the union th...

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EU member states are trying to hammer out a common position on what to present at the upcoming emergency G20 meeting in the US (Photo: Wikipedia)

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