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“We require political leadership at national, European and global levels. We need to stabilise the financial system and start repairing it. – Bail-outs are not enough. The focus must be on overcoming uncertainty."”



UNI Finance’s welcomes the criticism expressed by Dominique Strauss-Kahn, director of the International Monetary Fund, that the G20 have failed to keep their promises to coordinate global action. Up to now, “very little has been done and time is running out” to stop the economic deterioration and to rebuild the shattered finance industry. “As long as the financial system is not restructured, all money from stimulus will go into a black hole.”



"Governments, the European Commission, central banks and regulators must move in a determined and swift fashion, and in concert," said Roethig.