Monday, 29 June 2009

Italy PM:G8 To Signal Worst Of Global Econ Crisis Has Passed

Italy PM:G8 To Signal Worst Of Global Econ Crisis Has Passed

ROME (Dow Jones)--Italian Premier Silvio Berlusconi, who is due to host a meeting of leaders from the Group of Eight leading economies July 8, said Monday the G8 would signal that the worst of the global economic crisis has passed.

"The main point that must come out from this G8 is one of confidence that the maximum strength of the global crisis" is over, Berlusconi told a press conference in Naples presenting the upcoming meeting.

Following the meeting of G8 leaders July 8, expected to focus on the global economy, the gathering to be held near the earthquake-hit city of L'Aquila until July 10 will be enlarged to more than 25 countries overall.

-By Luca Di Leo, Dow Jones Newswires; +39 06 697 66921; luca.dileo@dowjones.com

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(END) Dow Jones Newswires

June 29, 2009 12:46 ET (16:46 GMT)

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