“G20 summit is no time for playing politics” – Nick Clegg

The Press Association reports,

Radical measures must be decided at the G20 summit or it could become the “fateful moment” when the global recession lurches into an outright slump, Liberal Democrat leader, Nick Clegg, said today.

Clegg said the meeting of world leaders in London this week was one of “immense psychological importance” and warned that failure to agree on immediate action could lead to a “dangerous market stampede”.

Disunity could spark further panic among jittery markets, sending the world economy into “freefall” and raising the spectre of a 1930s-style depression.

More too on the party’s website.

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