Greenspan farewell, trade and economy dominate G7


  • World
  • Friday, 02 Dec 2005

LONDON (Reuters) - Finance ministers from the world's richest nations headed for London on Friday to discuss free trade and the world economy as well as say farewell to Alan Greenspan, who soon bows out after 18 years as U.S. central bank chief. 

In a speech on global imbalances, which have plagued Group of Seven policymakers for years, Greenspan, 79, warned there could be painful economic consequences unless there was action against trade protectionism and budget problems. 

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