[QODLink]
Europe
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.
Last Modified: 27 Jan 2012 21:07

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
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
Muslim volunteers face questioning and threat of arrest, while aid has been disrupted or blocked, charities say.
Six months on, outrage and sorrow over the mass schoolgirl abduction has disappeared - except for families in Nigeria.
ISIL combatants seeking an 'exit strategy' from Mideast conflict need positive reinforcement back home, analysts say.
European nation hit by a wave of Islamophobia as many young fighters join ISIL in Syria and Iraq.
Featured
Lack of child protection laws means abandoned and orphaned kids rely heavily on the care of strangers.
At least 25 tax collectors have been killed since 2012 in Mogadishu, a city awash in weapons and abject poverty.
Since she was 16-years-old, Scottish Nationalist Party's Sturgeon has strove for independence from the UK.
Armed group's ransom success with German hostages marks a re-emergence, as authorities investigate ISIL links.
Western nations are moving into the resource-rich country after decades of disinterest, challenging China's interests.