Page last updated at 18:13 GMT, Thursday, 2 April 2009 19:13 UK

Mixed reactions to G20 outcome

The final communique from the G20 summit in London has been hailed by participants, but has been met with a mixed reaction from other politicians, trade unionists and activists alike.

Barak Obama
Barack Obama: The London summit was historic

US President Barack Obama described it as "a turning point in our pursuit of global economic recovery." He said it was historic "because of the size and the scope of the challenge that we face and because of the timeliness and the magnitude of our response".

German Chancellor Angela Merkel called the outcome "a very, very good, almost historic compromise" that would give the world "a clear financial" architecture.

French President Nicolas Sarkozy said the deal was "unprecedented". He believed "a page has been turned" in the history of global capitalism.

A communique feeds no-one and words alone do not save a child's life
Adrian Lovett, Save the Children

'A bitter pill to swallow'

But rock star and anti-poverty campaigner Bob Geldof said the deal raised several issues. "A key question the African delegation is asking is whether this will be real new money for their countries, and will it be grants or expensive loans?"

David Cameron
David Cameron: G20 doesn't go far enough

Conservative leader David Cameron welcomed some of the measures, but worried they did not go far enough. "Giving more money to the IMF to help countries in trouble, that is right; not going further on trade and getting the Doha round started with a timetable, I think that's wrong.

The outcome was a "bitter pill to swallow" for Juliam Oram from the World Development Movement, who complained the world leaders had missed a historic opportunity to launch a global recovery plan. "What's missing," he said, "is a global green new deal that puts the interests of poor people and the environment at the heart of international trade and finance."

Brendan Barber
Brendan Barber: The summit has delivered real progress

'Just the beginning'

"This summit has delivered real progress in crucial areas with tighter regulation of the financial system," according to TUC General Secretary Brendan Barber, who applauded the crackdown on tax havens and support for the poorest countries. "These mark a break with the failed policies of previous decades. "

"The deal contains some very welcome measures but is, as a whole, insufficient to meet the challenges facing the global economy," said Grahame Smith, general secretary of the Scottish TUC. "The failure to agree a co-ordinated global stimulus package is deeply disappointing,"

"Nobody should imagine this summit is anything more than a beginning," said Adrian Lovett, Save the Children's director of campaigns. "A communique feeds no-one and words alone do not save a child's life... Everything now depends on what those leaders do next."



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