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Britain’s Ministry of Finance: a way out of the EU can be decided by the end of the year
Uncertainty regarding the way that UK will leave UE can be eliminated by the end of 2016, Finance Minister Philip Hammond said. “Uncertainty starts to fade when we will be able to define more clearly the type of agreement, on which we will focus in the work with the EU in the future”.
Finance ministers and heads of central banks of the G20 expressed their determination on the issue of strengthening economic growth, reports Reuters. “We are taking measures to build confidence and support growth. In light of recent events, we reaffirm our determination to use all policy tools – monetary, fiscal and structural – individually and collectively to achieve our goal – to ensure strong, sustainable and balanced growth”.
US Treasury urged European banks to provide a clear balance
European banks should provide a clear balance and ask the head of the US Treasury, Jack Lew.
China’s Ministry of Finance has identified a key challenge for the G20
China’s Finance Minister Lou Jiwei said that to ensure the balanced growth of the world economy is the key challenge for the G20.
The head of the National Committee of the US Democrats announced the resignation
The head of the Democratic National Committee (DNC) Debbie Wasserman Schultz will resign after the etters to the committee scandal, which could damage the election campaign of former US presidential candidate Bernie Sanders, reports CNBC.
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