Finance Ministers from G20 Countries Meeting in London to Outline Agenda for Summit

In an attempt to design an effective agenda for next month’s G20 summit several finance ministers from the world’s leading industrial countries have gathered in London, with talks expected to center around solutions to the current economic crisis that has paralyzed the global markets.

Those solutions would likely include an outline for tougher regulations for the banking industry as well an infusion of funds to continue bailing out troubled institutions seen as “too big to fail.”

There is certainly disagreement among several of the financial ministers when discussing those bailouts as several European countries have shied away from the U.S. approach which has done little to stem the current recession.

While the U.S. approach appears to favor continued spending European countries appear determined to focus on putting systems into place that would prevent such a crisis from occurring again.

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