(MENAFN- Saudi Press Agency) The â€Å"overwhelmingâ€‌ focus of the upcoming Group of 20 summit will most likely revolve around global growth and global recovery, the White House said Friday.
â€Å"I think the overwhelming focus of the G20 is going to be reflecting the evolving debate around growth and the critical importance of global growth and global recovery. And the European piece is the most central piece at the moment in that effort,â€‌ Mike Froman, deputy national security adviser for international economics, told reporters.
Froman said that there are also emerging economies that are slowing down, and the international community needs to manage a pathway towards medium-term fiscal sustainability.
â€Å"I think a unified message about the importance of growth, what all of us can do to contribute to that and, most importantly, what Europe can do in terms of laying out a vision for how it’s going to resolve its part of this crisis is our hope for outcome,â€‌ Froman said.
Lael Brainard, treasury undersecretary for international affairs, told reporters that the United States will be looking for European leaders at the G20 to articulate how they are going to move forward with their response to the eurozone crisis.
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