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G20 summit agrees on deficit cuts by 2013

(BBC News) Leaders at the G20 summit in Canada have agreed to cut national budget deficits while endeavouring to promote economic growth.

Host Stephen Harper, the Canadian prime minister, said that despite these cuts, short-term economic stimulus measures would still be needed.


For further details, see the full article at http://news.bbc.co.uk/2/hi/business/10429446.stm