The French President is threatening to walk out of the summit. More regulation and commitment to the global financial stimulus packages is not winning support from many of the countries. France, as well as some other European nations, are demanding much tougher financial regulation, while the U.S. and Britain want nations to boost spending to help spark an economic recovery. French President Nicolas Sarkozy said Monday he will not accept a summit that produces nothing more than what he called “false success.”
Posted on March 18th, 2009 in Economy
