Monday, June 4, 2012

Reuters: World News: G20 may press Germany for stimulus spending: source

Reuters: World News
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G20 may press Germany for stimulus spending: source
Jun 5th 2012, 02:27

Mon Jun 4, 2012 9:33pm EDT

(Reuters) - The Group of 20 major economies will discuss encouraging countries with the fiscal capability to boost spending to help the euro zone and global economies, a G20 official in Asia told Reuters on Tuesday.

"Countries with sound fiscal positions will be encouraged to boost spending at the G20 level," the official, who declined to be identified, said.

"As of now, Germany and Canada could be seen as those having fiscal capabilities among the advanced economies," the official said.

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