G20 leaders meet, talk about climate change, world economy

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Following are comments on Friday from Group of 20 finance ministers and central bank policymakers meeting in Scotland.

ITALY ECONOMY MINISTER GIULIO TREMONTI

(Not in Italy) but in other countries, there is too much liquidity in banks and too little being passed on from banks to businesses. We are back to (a situation where) the stock market is too high and very dangerous derivatives are coming back. We have to avoid having another crisis. Others have to supervise (financial markets) more."

BRITISH FINANCE MINISTER ALISTAIR DARLING

"We need international action -- to increase trade, boost productivity and repair the financial system. Because we cannot be sure the global recovery has sufficient momentum to be sustained and durable.

"Once we're through this, we must coordinate our plans for the recovery, just as we have coordinated our response to this crisis. As we draw up plans we must accept that the biggest risk to recovery would be to exit before the recovery is real."

"In the pre-budget report, I will take further steps to secure the recovery and rebuild our fiscal strength."

ARGENTINA CENTRAL BANK GOVERNOR MARTIN REDRADO

Asked, after Brazil expressed concern on the issue earlier, if he was worried by the level of yuan, Redrado said: "No."

EU MONETARY AFFAIRS COMMISSIONER JOAQUIN ALMUNIA

ON EXIT STRATEGIES: "We are not yet there. We need to wait for sustainable recovery but I think we are closer than previous summits."

Asked if G20 would discuss currencies: "No."

JAPAN DEPUTY FINANCE MINISTER YOSHIHIKO NODA

"It is desirable that the yuan will be flexible."

Asked about previous quotes by Japanese finance minister Hirohisa Fujii about the yen, he said: "Japan has never been in favour of a strong yen."