Signs of economy stabilizing but risks remain

L’AQUILA, Italy - G8 leaders gathering for a summit here see signs of the world economy stabilizing but warn that risks remain, according to a diplomatic source quoting a draft communique of the summit.

By (AFP)

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Published: Wed 8 Jul 2009, 5:40 PM

Last updated: Thu 2 Apr 2015, 4:42 AM

“The situation remains uncertain and there remains risk for econonomic and financial stability. We note signs of stabilization in our economies,” the diplomat said, quoting from the draft communique.

“We will make individually and collectively the necessary steps to bring the global economy on to a path of strong, stabile and sustainable growth,” the document said, according to the diplomat.

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