US, UK resisting French drive for regulation金融英语考试

文章作者 100test 发表时间 2009:09:24 19:25:11
来源 100Test.Com百考试题网

　　The Wall Street street sign in New York. France’s push for tighter finance rules at the G20 summit is running into strong resistance from Britain and the US, according to Economy Minister Christine Lagarde.
　　France’s push for tighter finance rules at the G20 summit is running into strong resistance from Britain and the US, Economy Minister Christine Lagarde said on Tuesday.本文来源:百考试题网
　　Financial giants on Wall Street and in the City of London are waging a struggle for the "survival" of their old ways of doing business, Lagarde told a new conference.
　　"These are the areas where you will find the forces of resistance to the proposals for financial regulation that we have put on the table," said Lagarde ahead of the Group of 20 summit opening on Thursday in the US city Pittsburgh.本文来源:百考试题网
　　France is leading calls for greater regulation of the financial sector, in particular curbs on bankers’ bonuses to avert a repeat of last year’s global meltdown.
　　But Britain and the United States have reacted coolly to the French proposals.
　　"The financial crisis will be behind us when we will have truly addressed the root of the evil," said Lagarde, who argued for reform, greater regulation and supervision of the financial industry.采集者退散
　　Western economies will be able to celebrate a return to recovery only when jobs are being created, she argued.
　　"We must not minimise the elements of economic recovery but reaffirm the need to pursue out state support plans," Lagarde said.
　　G20 group of leading economies are meeting for two days in Pittsburgh to build on agreements made in London in April to pull out of crisis.