Wednesday, 30 November 2011

EU: Ecofin G20 Cannes summit follow-up

It happened less than four weeks ago, but the daily developments during the global financial crisis and the crisis of the euro make it feel like an eternity: the G20 Cannes summit.

According to the agenda of the Economic and Financial Affairs Council 30 November 2011 and the background note, the Ecofin Council is going to follow up the G20 summit in Cannes on 3 and 4 November, on the basis of a debriefing by the Commission and by the French delegation (in its capacity as G20 presidency).

Here are the visible G20 summit outputs, which left few international and multilateral efforts unmentioned. The presenters are hopefully able to extract the gold nuggets for the EU finance ministers, on the last day of the French G20 presidency:

Communiqué G20 Leaders Summit -- Cannes -- 3-4 November 2011 (33 numbered paragraphs)

The Cannes action plan for growth and jobs and Annex with G20 members' individual commitments

Cannes summit final declaration (95 numbered paragraphs)

Appendices to these summit documents (nine appendices, twelve other reports)

Other outcomes of the Cannes summit of G20 (links to fact sheets on seventeen themes)

Ralf Grahn