Copied and Posted by: Yi-Xin Jin (Lily)
Gordon Brown has insisted the European Union is united in its response to the global economic crisis after joining fellow leaders for an emergency summit in Brussels.
Amid reports of a split between the major economies and members states from central and Eastern Europe, the Prime Minister said: "People neither want protectionism nor do they want to be in a situation where we don't take the interest rate and the fiscal action that is necessary.
"I found complete support for the measures that I am talking about that are central to the success of the G20 [summit in London next month]."
Speaking after the talks, Mr Brown said: "Today was the start of a European consensus on all these major issues that are facing the world community: yes to better regulation; yes to action on the shadow banking system and hedge funds; no to protectionism; yes to fiscal and monetary stimulus; no to maintaining the old status quo on the role of our financial institutions."
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