G7 Officials Brush Off Calls For More Unity

The financial leaders of the world’s most developed economies ignored calls for a stronger unified response to Europe’s debt crisis, insisting Friday that each country should tread its own path back to growth amid concerns of a global slowdown.

The so-called Group of Seven economies—the U.S., Canada, Japan, the U.K., France, Italy and Germany—are all facing a similar challenge. The recovery that began a little over a year ago is already running out of steam, but governments’ ability to boost growth is hampered after the financial crisis pushed up their defici

From: http://ping.fm/Jmh6B