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France's Lagarde to seek level playing field on bonuses at G20

Thu Nov 5, 2009 7:29am EST

PARIS, Nov 5 (Reuters) - French Economy Minister Christine Lagarde will call on all countries to abide by the same rules governing bonuses at the forthcoming G20 political summit, she said on Thursday.

France has long called on other leading countries, such as the United States and Britain, to follow the French lead on clamping down on excessive bonus payments.

Lagarde said measures taken to regulate bonuses at a G20 meeting in Pittsburgh in September would allow her to leave for the upcoming G20 summit with "strong words to demand that our other international partners do the same thing".

(Reporting by Sudip Kar-Gupta)



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