Sunday, December 18, 2011

Euro ministers 'to hold debt crisis talks Monday'

Eurozone finance ministers will hold telephone talks on the debt crisis on Monday to flesh out decisions taken at a key summit earlier this month to save the European currency.

With several eurozone nations under threat of a credit rating downgrade, a key focus of the conference call will be plans to boost International Monetary Fund (IMF) coffers to allow it to come to the aid of floundering members.

AFP