Financial Times FT.com

Sarkozy claims credit on tighter regulation

By Ben Hall in Paris, Alex Barker in London and Chris Bryant in Berlin

Published: April 2 2009 19:41 | Last updated: April 2 2009 23:30

President Nicolas Sarkozy on Thursday claimed credit for “immense” progress towards tighter financial regulation at the G20 summit, saying the agreed reforms “turned the page” on a dominant model of Anglo-Saxon capitalism.

The French leader refused to wait for Gordon Brown, the UK prime minister and summit host, to conclude his closing press conference and rushed to tell the French media that his objectives had been met and even surpassed. “To tell the truth, it is more than we could have imagined,” he said.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this