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News Link • Economy - Economics USA

EU to urge U.S., Japan to act on public deficits at G20

• Reuters

The European Union will call on China this week to boost domestic demand and on the United States and Japan to tackle their public deficits as part of global efforts to rebalance growth, an EU document showed.

Financial leaders from the world's 20 biggest developed and developing economies (G20) meet in Washington later this week for talks that are likely to be dominated by risks to global growth and the euro zone's deepening sovereign debt crisis.

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