Civil society organiations across the globe expressed their disappointment with the outcome of the G20 summit in Cannes. Once again, world leaders get their reasoning wrong when addressing problems of government debt.
Eric LeCompte, Executive Director of Jubilee USA Network – one of the campaign’s member organizations – said: “We lost an opportunity at the summit in Cannes to strengthen the international financial system to end the international debt crises. This G20 circus has left us througly unprepared to deal with future crises and has now lost a critical moment to react.“