Davos meeting seeks to ease eurozone tensions

Finance leaders at World Economic Forum seek solution to financial crisis as IMF piles pressure on bail-out fund.

    " />" />

    Finance chiefs at the World Economic Forum in Davos, Switzerland have been trying to reassure business leaders about Europe's efforts to resolve the current economic crisis.

    The International Monetary Fund (IMF) is putting pressure on Europe to pile extra billions into its eurozone rescue fund.  In support, the US has said it will not put more money into the IMF until EU leaders strengthen their bail-out fund.

    Amid it all are signs that Greece is nearing a key deal with private bondholders to reduce its debt.

    Al Jazeera's Andrew Simmons reports from Davos.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Death at the dinner table

    Death at the dinner table

    Blake Sifton was born to a family of funeral directors. He explores the prevalence of mental illness in the profession.

    Assessing Trump: Is the president fit for office?

    Assessing Trump: Is the president fit for office?

    Experts discuss President Trump's mental state - and his effect on others.

    Why did Raila Odinga withdraw from the election rerun?

    Why did Raila Odinga withdraw from the election rerun?

    Odinga's withdrawal will not make Uhuru Kenyatta president. But it will give more time to prepare for the new vote.