G20 insists eurozone must help itself / G20 turns up pressure on Germany

G20 Finance Ministers said after a meeting in Mexico on the 26 February 2012 that the rest of the world would not stump up extra money for the International Monetary Fund until the eurozone did more to help itself.

Brazil said that developing nations would be happy to provide more money to ease the eurozone's debt crisis, in return for more power within the International Monetary Fund (IMF).

ESO: Background information: G20 to urge eurozone to increase ‘firewall’ http://www.europeansources.info/record/g20-to-urge-eurozone-to-increase-firewall/

BBC News, 26.2.12: Brazil wants more IMF power for extra eurozone funds http://www.bbc.co.uk/news/business-17170157

BBC News, 27.2.12: G20 finance ministers ask eurozone to boost rescue fund http://www.bbc.co.uk/news/business-17175485

EurActiv, 27.2.12: Merkel playing for time on eurozone firewall deal http://www.euractiv.com/euro-finance/merkel-playing-time-euro-zone-firewall-deal-news-511112

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