S.Korea finmin at G20: recovery needs more action

BUSAN, South Korea, June 4 (BestGrowthStock) – The euro zone’s debt
crisis and the financial instability showed the fragility of the
global recovery and more action is needed to sustain it, South
Korea’s finance minister told a G20 meeting on Friday.

“We can’t afford to be complacent,” Yoon Jeung-hyun said
during the opening session of the Group of 20 finance ministers’
and central bank chiefs’ meeting.

“Without further and ongoing action from us, the recovery may
not remain on track and we may not be able to achieve strong,
sustainable and balanced growth,” Yoon, who chairs the meeting,
said.

Investing Research

(Reporting by Yoo Choonsik; Editing by Tomasz Janowski)

S.Korea finmin at G20: recovery needs more action