Thursday 6 October 2011

Angela Merkel

BERLIN (AFP) - German Chancellor Angela Merkel, who hosts the heads of the IMF and the World Bank amid fears about the health of the banking system in Europe.

Meeting to be held in Berlin on Thursday and also includes the President of the European Central Bank and finance ministers from France, Germany and Mexico.

Merkel spoke in favor of the recapitalization of the banking sector coordinated Europe on Wednesday amid concern whether banks in Europe will not be able to deal with the Greek sovereign debt default.

Associated with the meeting in Berlin for a German initiative on the reform of Mexico's international currency markets by a group G - 20 major economies in the world.

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