G8 still sees significant risks for world economy

G8 leaders believe the world economy still faces "significant risks" and may need further help, according to the conclusions of a summit which took place yesterday (8 July) in L'Aquila, Italy.

Final documents cautioned that "significant risks remain to economic and financial stability" while "exit strategies" from pro-growth packages should be unwound only "once recovery is assured".

"Before there is talk of additional stimulus, I would urge all leaders to focus first on making sure the stimulus that has been announced actually gets delivered," Canadian Prime Minister Stephen Harper said.

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