Serious matters for the summit prepared by the European mind, "calculating" Obama.

AP <P> leaders of the Group of Twenty meeting is scheduled from 26 to 27, held in Toronto, Canada. .</ P> <P> Following U.S. President Barack Obama last week to remind the Government budget cuts could stifle economic recovery, France, Germany and Russia were the leaders of speech, indicating that they have no intention at the summit not only go along with Obama, and may " .ill intent. " .</ P> <P> France: The pitch for the G20 mechanism </ P> <P> French President Nicolas Sarkozy attend the 19th St. Petersburg Economic Forum in Russia, said that the Bretton Woods system is outdated, should be the new .mechanism to replace. .</ P> <P> He said: "We all need to consider the creation of a new international financial system. Now the system is based on the creation of the Bretton Woods system in 1945, when our American friends is the only superpower." </ P .> <P> Russia: a reserve currency diversification </ P> <P> Russia hoped the Group of Twenty summit in the promotion of its currency one of the ruble as an international reserve currency to rival U.S. dollars. .</ P> <P> Russian President Dmitry Medvedev, 19, said: "We are going for the future. We are talking about and look forward to creating other reserve currency countries to understand. Even if the strong euro and the dollar both currencies .The use can not ensure that the world no problem. "</ P> <P> Bloomberg comments, Medvedev's remarks highlight the financial crisis, Russia's international status after the remodeling ambitions. .</ P> <P> Germany: Urges out economic stimulus </ P> <P> German Chancellor Angela Merkel, 19, said that the European countries will be called the Group of Twenty summit rapid exit of governments fiscal stimulus plan .. .She said: "Europe was of the opinion that (the rapid withdrawal of fiscal stimulus plan) is to avoid recurrence of similar crises in the future the urgent needs." Merkel said, adding that the European Union will argue that the Group of Twenty summit on a global scale .of the financial transaction tax. .</ P> <P> from France, "Tribune," 21 days to see the interview published by Noyer, France will likely call on all countries to implement the voluntary financial transactions tax. .</ P> <P> Noyer that the efforts of the Group of Twenty direction is to ensure that banks avoid credit drying up in the case of more profitable use of additional capital. .</ P>.