The G7 vowed Monday to bolster stability and the European Central Bank pledged to "actively" buy eurozone bonds to stem a debt crisis gone global as battered financial markets posted more losses.
"We are committed to taking coordinated action where needed, to ensuring liquidity, and to supporting financial market functioning, financial stability and economic growth," a statement issued by the Group of Seven industrialised economies said as Asian markets fell again on fears over the state of the global economy.
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AFP
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