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    G20 may discuss anti-crisis strategy in June 2010 - Medvedev

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    Russian President Dmitry Medvedev said on Saturday that he expects the Group of 20 leading economies to discuss a strategy to tackle the global financial crisis at a summit in June 2010.

    PITTSBURGH, September 26 (RIA Novosti) - Russian President Dmitry Medvedev said on Saturday that he expects the Group of 20 leading economies to discuss a strategy to tackle the global financial crisis at a summit in June 2010.

    "I think the situation will change by our next meeting and the implementation of the [anti-crisis] strategy will be on the agenda. Anyway we hope for this," Medvedev told a news conference in Pittsburgh.

    The Russian president added that the participants of the summit focused not only on measures to maintain the world economy, but also on the strategy of finding a way out of the global financial crisis.

    All members of the Group of 20 leading economies agreed at their summit to continue state support measures to prevent a deepening of the economic crisis.

    In their final communique, the G20 leaders agreed that emerging economies' quotas in the International Monetary Fund and World Bank will be increased 5% and 3%, respectively.

    The G20 summit on September 24-25 in Pittsburgh, PA, focused on steps to overcome the global economic crisis.

    The Group of 20 leading economies includes Australia, Argentina, Brazil, Britain, Germany, India, Indonesia, Italy, Canada, China, Mexico, Russia, Saudi Arabia, the United States, Turkey, France, South Africa, South Korea, Japan and the European Union.

     

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