
Cannes:
Highlights of Prime Minister Manmohan Singh's address at the G20 summit on Friday:
- No hesitation in saying our markets will find own levels.
- On food inflation: Food grains prices stable, Veg, fruits, egg prices going up.
- We must move in direction of decontrolling more and more prices.
- G-20 communique endorses our call for increased banking transparency.
- Information exchange to combat tax evasion was important part of our agenda.
- Crisis in Eurozone is a potentially grave threat to stability.
- G20 communique welcomes recommendations for managing volatility in prices.
- IMF should keep the eurozone situation under close watch.
- G-20 will ensure that adequate resources will be made available with the IMF.
- We welcome the development that Greek referendum has been withdrawn.
- Management of the Eurozone crisis is primarily responsibility of Eurozone countries.
- Italy's monitoring arrangement will send a signal of confidence to the markets.
Track Latest News Live on NDTV.com and get news updates from India and around the world