Financial Times FT.com

Europe to press US on reforms

By George Parker in London

Published: November 10 2008 02:00 | Last updated: November 10 2008 02:00

European leaders will use this weekend's G20 summit to urge the US to back reforms of the world's financial system, amid claims that Americans should help clear up a mess they created.

Nicolas Sarkozy, French president, wants the meeting in Washington to agree "ambitious, operational decisions" with a view to reviewing them at a second summit within 100 days - after Barack Obama's inauguration as president on January 20.

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