G20: lost opportunity

The G20 in Cannes  is practically ended with a stalemate. There was neither unity  nor the will to take concrete measures that could avert the threat of recession.
Postponed , due to  differences between countries that were supposed to help, the refinance the IMF or the EFSF (European Financial Stability Facility, or "bottom rescued"). The non-eurozone G20 countries,  especially  United Kingdom and  United States, expected concrete actions by the countries of the Euro in solving its financial problems.
Clouds gather on the future of the Euro, and in particular on Italy,  for the huge public debt and the lack of a concrete financial plan; such country  is seriously suspect to follow the problems of Greece. It was expected Berlusconi had presented  at the meeting with some more concrete action, but it did not happen.
It is unclear at this point if the monitoring  (or rather inspection) that the International Monetary Fund will make every three months in Italy regarding  the implementation of the austerity measures in order  to reduce the public debt (a sort of commissioner) has been imposed by Merkel , Sarkozy, Obama and the Director General of the IMF Lagardere, or has been requested by Berlusconi (who still denies the existence of financial problems in Italy, not on the basis of statistical data but on "feelings"). Meanwhile, an answer seems to have been given by the financial markets, which continue to speculate against Italy brought the rate of 10 years national state title at 6.40%, throwing fuel on the fire of the Italian debt problems.
Concerned David Cameron, British prime minister, aware that the euro crisis would  negative consequences for the British economy (which exports about 40% to Europe). "Every day that the eurozone crisis continues and every day  it is not resolved is a day that it has a chilling effect on the rest of the world economy, including the UK," he said at the sidelines of the G20 meetings.