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Official website of the President of Russia

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A meeting of the G20 heads of state and government to enhance coordination of efforts by the world's leading economies to overcome the financial and economic crisis took place in London.

April 2, 2009, London

The President of Russia described the outcome of the London summit as a step in the right direction.

According to Mr Medvedev, the summit communique contains major decisions on financial support from various states, measures to be taken by international financial institutions, decisions about the future of these same financial institutions, stabilization of the markets of G20 countries, protectionism, and on individual states' responsibility for their macroeconomic policies.

The summit was attended by 30 delegations representing 22 countries that account for 80 percent of global GDP, and by eight major international financial and economic organisations.

April 2, 2009, London