G20 leaders gather together on Euro crisis

President Calderón issued a press statement on the G20 Summit to be held on 18 and 19 June 2012 in Los Cabos, Baja California Sur.The president explained that the Summit is the most important leaders’ meeting to have been held in Mexico, which has maintained an ambitious international agenda.
The leaders of the Group of 20 will discuss the European credit crisis and how to contain its repercussions in talks that start on Monday.

 The leaders of the United States, China, Japan, Germany, France, Brazil, the United Kingdom, Italy, Russia, Canada, India, Spain, Australia, Korea, Indonesia, Turkey, Argentina, South Africa, Colombia, Chile, Ethiopia, Benin and Cambodia will attend the Summit, during which they will discuss the main challenges of the global economy and define actions to restore economic stability and growth.

 Two day summit in the Mexican resort of Los Cabos takes place amid growing uncertainty over the global economy.Japan's Prime Minister Yoshihiko Noda, US President Barack Obama, as well as leaders of the Eurozone and developing nations will take part.

At the top of the agenda will be how to contain the growing credit crisis in Europe. Spanish Prime Minister Mariano Rajoy will attend the meeting as a guest. He is likely to brief the other leaders on his country's financial situation as it has asked for a bail-out.