Officials from the leading emerging market economies will meet in Washington next week to discuss potential joint action to help the crisis-hit eurozone, said Guido Mantega, Brazil’s finance minister.
The idea will be discussed at a meeting of the finance ministers and central bank governors of the “Bric” nations – Brazil, Russia, India and China, plus South Africa – on Thursday.
Any concentrated joint effort by the Bric nations to support the eurozone would mark a further symbolic shift in the momentum of the global economy towards the largest emerging markets.
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