Following are comments by finance ministers and other officials after a meeting of the Group of Seven industrialized nations, focused on the euro zone's budget crisis, bank regulation and economic recovery.

U.S. TREASURY SECRETARY TIMOTHY GEITHNER

ON APPROACH TO REFORMS

These common standards we put in place are going to have to be complemented by slightly different approaches at the national level. What you saw today was not a divergent approach but a strong commitment to make sure we are going to put together the strong reforms that will prevent these kind of crises from happening again.

CANADIAN FINANCE MINISTER JIM FLAHERTY

ON THE RECOVERY

The global economic situation has improved and is improving. We do not have a firmly established recovery yet, but there are signs. We need to continue to deliver the stimulus to which we are committed and begin to look ahead to exit strategies and to move to a more sustainable fiscal track.

HAITI

We had discussions concerning Haiti ... We are committed in the G7 to the forgiveness of debt vis-a-vis Haiti ... We discussed the long-term reconstruction assistance that will be needed.

G7

We had a very good fireside chat on that subject. Our meeting has reaffirmed the proven role of the G7 as a first responder and as a sounding board for common challenges ... We look forward to our next meeting on the margins of the usual spring meeting of the IMF.

JEAN-CLAUDE JUNCKER, CHAIR OF THE EUROGROUP OF EURO ZONE

FINANCE MINISTERS

ON CURRENCIES:

We have agreed that there is no reason to change what we said recently. We stick to what we said in Istanbul.

ON EURO ZONE FISCAL PROBLEMS:

We, the representatives of the euro area, have made it clear that the situation in Greece is serious, and that the problem will be resolved.

(Reporting by Reuters team at the G7 meeting; editing by Chizu Nomiyama and Jeffrey Hodgson)

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