HIGHLIGHTS-Comments from Italy G8 finmins meeting
LECCE, Italy, June 14 (Reuters) - Following are comments from policymakers at a meeting of Group of Eight finance ministers in southern Italy on Friday and Saturday.
U.S. TREASURY SECRETARY TIMOTHY GEITHNER
On recovery:
"I don't think we're at the point yet where we have a recovery in place. I think what you can say is, that the force of policy actions that have been put in place and in the pipeline have brought about a very important reduction in concern about the prospects of a deep recession globally.
"They've helped reduced concerns about deflation risk that we saw start to intensify in the second half of last year, and they've helped to reduce concerns about systemic risk in the financial system.
"Those are very healthy developments, very welcome developments, and they are a necessary step towards getting back in the path of growth, but i don't think we're at the point yet where we can say we have a recovery in place."
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