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Headline : Varga: EU supports G20 financial targets

Read more from the original article on here at www.budapesttimes.hu.





Tags : #varga #eu #supports #g20 #financial #targets


No. of Paragraph 26

Varga addressed a two-day meeting of G20 finance ministers and central bank governors in Rio de Janeiro on behalf of the EU.

The G20 countries must remain committed to international financial reforms, in which the EU is also a partner, Kossuth Radio quoted Varga as saying in his address.

The minister said the EU needed to do more in the interest of reducing vulnerabilities in the financial sector, which was why it supported the G20’s targets in making cross-border payments faster, more affordable, more accessible, more transparent and convenient.

He said it was important that the European financial system remain in the global competition deciding incomes and job opportunities.

Read more from the original article on here at www.budapesttimes.hu.


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