Sarkozy Threatens Walk Out of G20 Forum

French President Nicolas Sarkozy threatened to walk out of the action forum group 20 (G20) in Pittsburgh, United States, if there is no agreement in the payment of salaries and bonuses of banking.

“If there is no concrete decision, I’ll go,” said Sarkozy told Reuters from the newspaper Le Figaro on Monday (14.9.2009).

Not presented in the context of what it is asked Sarkozy’s statement. But a staff Sarkozy, Claude Gueant, told RTL radio said that the president really wants to deal salaries and bonuses the bankers and executives of financial institutions can be achieved.

“It must be taken seriously,” said Gueant.

Sarkozy along with other European leaders have urged restrictions on bonuses for the bankers. The husband of former supermodel Carla Bruni also wanted to adopt the G20 issue.

Meanwhile, Managing Director of the International Monetary Fund (IMF) Dominique Strauss-Kahn said the bonuses would be a key issue in high-level conference held on 24-25 September, although the excess payment limitation is not the only way to stabilize the financial system.

“This is a point that was because public opinion was shocked by bonus issues,” said Strauss-Kahn told France Info radio.

“We must begin by capturing this point because there is pressure from public opinion. But this is not the only solution. There are some technical elements which are also other issues,” he said.