March 23, 2020 / 11:54 AM / 15 days ago

G20 finance ministers agree need for common strategy - France

FILE PHOTO: French Economy and Finance Minister Bruno Le Maire speaks during a news conference after a cabinet meeting in Paris, France March 18, 2020, held to draft a law to confirm delay of second round of municipal elections as a strict lockdown came into in effect in France to stop the spread of COVID-19, caused by the novel coronavirus. Ludovic Marin/Pool via REUTERS/File Photo

PARIS (Reuters) - Finance ministers from the Group of 20 economic powers agreed on Monday during a conference call to prepare a common strategy to overcome the coronavirus crisis, France’s finance minister said.

Bruno Le Maire said in a tweet that the call had produced “confirmation of a violent economic impact from the health crisis on the global economy, financial support for developing countries (and) preparations for a common exit strategy from the crisis”.

Reporting by Sudip Kar-Gupta; writing by Leigh Thomas, Editing by Catherine Evans

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