July 8, 2009   G8 ON ECONOMIC SITUATION

Investing in agriculture, fighting against hunger, stopping climate changes, negotiating with Iran regarding its nuclear program, etc. are some of the topics that marked the first day of G8 Summit.
Leaders of the most developed countries, that gathered together in Aquila, Italy, agreed on the fact that global economic situation shows certain signs of stabilization, but it is still too early to terminate state measures aimed at stimulation of economy.
Economic situation is still uncertain and significant risks regarding financial stability still exist, as stated in closing words of G8 leaders after the first day of summit.
Leaders of G8 also agreed on the issues concerning climate changes, they will not allow average temperature growth to exceed two Celsius degrees.
They also announced possible enlargement of G8 Group to G14 due to frequent complaints that the leading industrial countries should not have the exclusive leadership on the global economic and political plan.