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G20 summit: Discussions on Europe’s Debt Crisis

Posted On 19 Jun 2012
Jose Manuel Barroso said Europe was not to blame for the eurozone crisis

Jose Manuel Barroso said Europe was not to blame for the eurozone crisis

World leaders are resuming talks at the G20 summit in Mexico after a day of tense words over Europe’s debt crisis.

On the second and last day of the summit, they are expected to release a statement declaring unity over efforts to create jobs and boost growth.

They have urged European action to overcome the Euro Zone debt crisis. The talks are being focused on Greece and Spain’s situations.

The BBC’s Andrew Walker says that while Europe is clearly the big danger.  There are also problems elsewhere in the world’s major advanced and emerging economies, starting with the two largest national economies, the US and China.

(MZ)

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