As he prepares to host a G20 meeting on Saturday, outgoing US President George W. Bush has said he has found "common ground" with European leaders on how to address the financial crisis. However, the specifics of global reform of financial regulation are unlikely to be agreed before president-elect Barack Obama takes office.
George W. Bush will host the G20 meeting in Washington this Saturday, but concrete decisions are expected at a second summit, after President Barack Obama takes office. (Photo: Irish Presidency)
"We believe there is a great deal of common ground among our approaches to address the turmoil in the financial markets, and President Bush looks forward to discussing how to best advance reforms to global financial markets with a wide range of leaders," White House spokesperson Dana Perino said on Saturday
