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Showing posts with label G-2O. Show all posts
Showing posts with label G-2O. Show all posts

9/22/2011

Europe to face G20 heat on euro crisis response

WASHINGTON, Sept 20 (Reuters) - Europe will come under heavy pressure this week to stem its deepening debt crisis but talks among the self-proclaimed guardians of global finance are unlikely to yield bold action.

Spreading fears about a Greek debt default and contagion to larger economies in the euro zone have raised alarm in the United States and among emerging market heavyweights about the risk of a potentially major shock to an ailing global economy.