Meanwhile, a two-day meeting of finance ministers from around the European Union gets underway in Prague on Friday, with increasing regulation of the financial sector across the bloc highest on the agenda. The meeting will be chaired by Czech Finance Minister Miroslav Kalousek and will also provide ministers with a platform to expand upon the decisions made at the G20 summit held in London on Thursday. The meeting is also being attended by the head of the European Central Bank Jean-Claude Trichet and former head of the IMF Jacques de Larosiere.
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