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G20 in Cannes, 3-4 November

updated: November 02, 2011 16:43

On 3-4 November in the French resort of Cannes takes place the G20 summit - the global format, uniting as the most developed industrialised countries, so the quickest in catching up emerging markets. Although the Group was created in 1999 the first summit took place in 2008 because of the financial crisis, unleashed after the failure of Lehman Brothers. Since then, the leaders, as well as the finance ministers of the 20 most influential economies in the world, meet regularly in order to try and find a common solution to the continuing for a fourth year now problem - lack of sustainable economic growth of the global economy, lack of certainty and perspective.

A major issue at this year's forum will be the eurozone debt crisis, which has already started to bother all the big countries on all continents. euinside will follow the summit, which is preceded by a business summit B20, also in Cannes, where some of the leaders will also speak.

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