Brown: Don't put recovery at risk

The world’s tentative recovery from recession could be put at risk if governments repeat the mistakes of the 1930s and withdraw fiscal stimulus packages too soon, British Prime Minister Gordon Brown warned today.

Speaking to the London summit of finance ministers from the G20 group of major economies, Mr Brown urged them to maintain throughout 2010 the programmes of public spending and tax cuts introduced to tackle the recession in 2009. Less than half of the promised $5trn (€3.5trn) in extra support has so far been delivered, he pointed out.