Leaders map out the route to recovery in Chequers talks
DAVID Cameron and German chancellor Angela Merkel met at the Prime Minister's country residence, Chequers, yesterday and agreed open markets and free trade should be at the heart of the economic recovery.
G20 finance ministers agreed last month to shun competitive currency devaluations, but stopped short of setting targets to reduce trade imbalances that cloud global growth prospects. The two leaders also agreed on the need for restraint in European Union spending.