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G20 leaders end their summit in Mexico #whatawasteoftaxpayermoney


G20 2012 heads of government - Caricatures

G20 2012 heads of government – Caricatures (Photo credit: DonkeyHotey)

G20 leaders ended their summit in Mexico without a detailed plan for
dealing with Spanish and Italian borrowing costs or creating a
eurozone-wide deposit insurance scheme, the WSJ reports. ‘Euro Area
members of the G20 will take all necessary policy measures to safeguard
the integrity and stability of the area,’ the G20 declared. Specific
proposals for a European banking union are not likely before September.

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