• Encouraging signs in other countries too on fiscal consolidation
• Imperative that G20 timelines agreed in 2008 for regulatory reform are met
• Important impact of reforms thoroughly assessed, will consider IIF analysis
• Market players have to accept main purpose of financial sector is to serve real economy (he’s sooo funny)
• Recent market tensions show there is no time for complacency
• Important recovery measured in broader terms than GDP, sustainable fiscal positions
• Recovery must include full restoration of trust in financial institutions