2009 G20 London summit London Summit and to co-ordinate their actions. The meeting was organised at the initiative of German Chancellor Angela Merkel. The leaders agreed that markets, financial institutions and the wide range of financial assets they create, and hedge funds should be subject to appropriate control. In addition, they called for effective sanctions against tax havens. They also agreed to impose sanctions against countries that intend to undermine their work. Finally, they advocated the doubling of funds available to the IMF. Finance ministers and central bankers of the G20 met in Horsham on 14 March 2009 to prepare for the London Summit.
2009 G20 London summit cause. On 26 March 2009 the Czech Prime Minister Mirek Topolanek strongly criticised the economic expansion policies of US President Barack Obama. G20 leaders began gathering in London on 1 April 2009. Before leaving for the London Summit, French President Nicolas Sarkozy suggested that if a meaningful deal was not agreed France would walk out of the summit echoing the "empty chair" gesture of then-French President Charles de Gaulle in 1965. At a joint press conference in London, Brown and Obama said that suggestions of a rift were exaggerated. Sarkozy attended a separate press conference with Merkel in which both