RELATED QUOTES
| Symbol | Price | Change |
|---|---|---|
| LEHMQ.PK | 0.0246 | +0.00 |
By Gernot Heller and Glenn Somerville
MEXICO CITY (Reuters) - Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout fund.
Euro zone countries pledged on Sunday, at a meeting of finance leaders from the Group of 20 economic powers, to reassess next month the strength of their bailout fund.
This would be "essential input" when it comes for the G20 countries to consider putting more money into the International Monetary Fund's crisis war chest, G20 finance ministers and central bankers said in their final communiqué after two days of meetings here.
"There is broad agreement that the IMF cannot substitute for the absence of a stronger European firewall and the IMF cannot move forward without more clarity on Europe's own plans," U.S. Treasury Secretary Timothy Geithner said... read more.
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