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25 January 2011

G20 Presidency: Sarkozy stressed the need to tackle the instability of the world commodities market


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Der französische Präsident Nicolas Sarkozy sprach sich auch wiederholt für die Einführung einer Finanztransaktionssteuer, eine Forderung die auch von Deutschland unterstützt wird, der die Vereinigten Staaten jedoch widersprechen.


He added that it was a "moral" issue" and that it would be "useful for dissuading speculation and effective for finding new resources for development."

The President carefully backed off from previous calls for a change to the Bretton-Woods system of global monetary order, which heavily relies on the US dollar.
"The dollar will remain an absolutely dominant currency," Sarkozy said.
 
 



© G-20


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