($MACRO) G7 finance chiefs meet on Friday under heavy pressure to take action to revive flagging economic growth in rich nations and to calm the biggest confidence crisis in financial markets since the global credit crunch.
Host country France has called for a coordinated response from the Group of Seven industrialised nations after mounting anxiety over Europe's debt crisis and the fragility of its banks caused a big fall in world stock markets in recent weeks.
Differences between the economic problems facing the United States, Britain and euro zone states are complicating the task though, meaning one-size-fits-all solutions will not work.
Host country France has called for a coordinated response from the Group of Seven industrialised nations after mounting anxiety over Europe's debt crisis and the fragility of its banks caused a big fall in world stock markets in recent weeks.
Differences between the economic problems facing the United States, Britain and euro zone states are complicating the task though, meaning one-size-fits-all solutions will not work.
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