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Added on the 21/02/2020 13:00:00 - Copyright : EFE Inglés
Venice (Italy), Jul 9 (EFE) .- (Camera: Álvaro Padilla) The G20 finance ministers and central bank governors met on Friday in Venice, in the first session of a two-day summit, to seek an agreement that supports the taxation mechanism for multinationals agreed on July 1 within the framework of the OECD.SOUNDBITES OF OLAF SCHOLZ, GERMAN FINANCE MINISTER.
German Finance Minister Christian Lindner urges the European Union to "avoid a subsidy race we cannot avoid," warning that the bloc cannot simply follow United States economic policy moves. Speaking in Davos on the last day of the World Economic Forum, Lindner says the EU's "competitive disadvantage" to the US isn't subsidies, but its "private capitals market." SOUNDBITE
Canadian Prime Minister Justin Trudeau arrives in Nusa Dua, Indonesia for the G20 Summit. IMAGES
Indian Prime Minister Narendra Modi arrives at the Vatican for a meeting with Pope Francis. Modi is welcomed by Monsignor Leonardo Sapienza, regent of the Papal household. IMAGES
UK Finance Minister Jeremy Hunt poses outside 11 Downing Street with the red, leather-covered box containing his speech before leaving to present the spring budget to parliament. Britain's Conservative government is expected to use the budget update to unveil tax cuts for millions of workers, in an attempt to woo voters before a general election. Prime Minister Rishi Sunak's party, which has been in power since 2010, is well behind the main opposition Labour party in opinion polls and looks likely to be dumped out of office. IMAGES