EC leaders push financial ties

Eastern Caribbean leaders said they have made progress in tackling the difficulties in the financial sector.



The comments followed an emergency summit in Barbados.



The meeting was called to deal with the fall-out from the financial troubles facing the Trinidad-based C L Financial Group and the Bank of Antigua, taken over from troubled billionaire, Allen Stanford.



The Barbados Prime Minister, David Thompson, said the summit agreed that regulators in the region should hold talks every week while the crisis continues.



The governor of Trinidad and Tobago’s Central Bank, Ewart Williams, said the current problems highlighted a need for all nations to work together.