A G20 Translation Guide

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European Council Pres. Van Rompuy and European Commission Pres. Barroso

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(AP Photo/Markus Schreiber)

“...[H]aving the Euro zone house in order is a necessary, but not a sufficient condition for global growth. One should thereby not forget that the EU is not contributing to global imbalances: the EU has no large current account deficits, continues to have low inflation, has generally lower debt levels than some of our major trading partners and the Eurozone has an exchange rate which is driven by market forces.”--President of the European Council Herman Van Rompuy of Belgium and President of the European Commission Jose Manuel Barroso of Portugal in a joint statement

TRANSLATION: “Europe is a mess and demands attention, but certain economic superpowers who shall remain nameless have plenty of problems that need fixing.”

Next: Chinese Pres. Hu Jintao

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