G-20 close in on imbalance indicators

French President Nicolas Sarkozy, right, meets with, from left, People's Bank of China Governor Zhou Xiaochuan, US Federal Reserve Chairman Ben Bernanke, European Central Bank President Jean-Claude Trichet and Bank of Japan Governor Masaaki Shirakawa during the opening of the G20 Finance summit at the Elysee Palace in Paris, Friday, Feb. 18, 2011. Finance chiefs of the world's dominant economies were close to agreeing on how to track dangerous imbalances in the global economy, part of the Group of 20 rich and developing nations' efforts to prevent another financial crisis. - Photo by AP.

PARIS: Finance chiefs of the world’s dominant economies are close to agreeing on how to track dangerous imbalances in the global economy, part of the Group of 20 rich and developing nations’ efforts to prevent another financial crisis.

European Union Monetary Affairs chief Olli Rehn said he was confident that there would be agreement ”to identify and address global imbalances,” but that discussions on the precise indicators were still continuing.