EU President Barroso: Global Governance Required

BRUSSELS (CS MONITOR) — The crisis that we face is not just an economic crisis. It is a crisis for the values of our societies.

At the G-20 summit in Pittsburgh this week, world leaders must respond by demonstrating our commitment to a greener, more ethical, more equitable, and better-balanced world economy.

This “new globalization” requires global governance, based on universal human values and reflecting the reality of economic interdependence. The G-20 gives us the chance to shape globalization. The chance to develop a sustainable model to replace the one brought to its knees by the failure of financial markets.

via EU President Barroso: Europe will push its values at G-20 summit |

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