G20 finance ministers forecast dim global economic outlook G20 "지속성장 위해 차

After two days of high-powered talks in Instanbul... about the state of the fragile global economy... finance ministers and central bank governors from G20 nations say they will use monetary and fiscal policies to fight economic stangation. Shin Se-min has the details. The world′s 20 largest economies vowed to address uneven global economic growth by using monetary and fiscal policy... to prevent further stagnation. Wrapping up the two-day G20 finance ministers′ meeting in Istanbul,... the finance ministers and banks emphasized the need for structural reform in boosting the fragile global economy. In their written communique released Tuesday,... the officials vowed to "continuously review our monetary and fiscal policy settings and act decisively, if needed." The text made note of sluggish growth in the eurozone and Japan,... adding that some of the emerging market economies are also slowing down. But said the European Central Bank′s recent quantitative easing policy would support further recovery in the eurozone area. On tumbling global oil prices,... the finance officials called on countries to take advantage of low oil prices to further investment. The leaders said the sharp decline in oil prices ′will provide some boost to global growth,... although it may present varying implications across economies,... such as exerting temporary downward pressure on inflation.′ The meeting of G20 finance leaders comes at a crucial time,... with each economy operating under different monetary policies,... and with the troubles in Greece casting a dark shadow over the eurozone economy. Shin Se-min, Arirang News.