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The G20 finance ministers have called on eurozone economies to boost the region's rescue fund
Eurozone countries need to put more money in their rescue fund before G20 nations can step in to help them, the G20 finance ministers have said.
They said such a move was "essential" to their decision to provide more resources to the International Monetary Fund (IMF) to help the region.
Earlier this month, eurozone leaders set up a permanent bail-out fund of 500bn euro ($673bn; £420bn).
There are concerns the fund may not be able to rescue a deeply indebted state.
"We have to see the colour of the eurozone's money first - and quite frankly, that hasn't happened," the British chancellor George Osborne said.
"Until it does, there's no question of extra IMF money from Britain or probably anyone else."
27 Feb, 2012
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Source: http://www.bbc.co.uk/go/rss/int/news/-/news/business-17175485
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