Telegraph.co.uk | G20 summit: leaders agree to halve deficits by 2013 Telegraph.co.uk Leaders at the G20 summit in Toronto have agreed to cut national budget deficits in half by 2013. The deadline for stripping debt has been pushed back by 12 months, giving banks more time to adopt tougher rules. In a reversal from the unity of the past ... President Obama urges G-20 nations to spend; they pledge to halve deficits G20 nations for balanced approach to growth, fiscal deficit Analysis: G20 put to test by uneven recovery |
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