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G20 summit to help establish new world ecomonic order: Spanish PM
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The upcoming G20 Summit will help establish a new world economic order, and become the "beginning of the economic recovery", Spanish Prime Minister Jose Luis Rodriguez Zapatero said on Tuesday.

In a video broadcasted on Internet, Rodriguez Zapatero said he is convinced that the summit, which is set to start on April 2 in London, will help open a new stage, and establish a new transparent, safe, efficient and reliable international system.

Rodriguez Zapatero reaffirmed his country's position toward the current global financial crisis, saying that Spain will take its commitment to strengthen social protection system.

This is because the people who should be responsible for this situation are not the workers or pension holders, the prime minister said. "It has been generated from the abuses, and the avarice in the financial system."

The G20 summit must reach a concrete and agreed solution to the global crisis and give new support to the efforts by governments to increase investment and boost economic activity, Rodriguez Zapatero said.

The prime minister will travel to London on Wednesday to attend the G20 summit, during which leaders of the world major economies will discuss further measures for revitalizing the global economy and reforming the international financial system.

(Xinhua News Agency April 1, 2009)

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