A round-up of the key stories across the specialist financial media, including news that G20 officials are planning to press Eurozone countries to work harder to merit outside help.
Europe faces pressure as G-20 mulls IMF role
US, Chinese and Japanese officials say they will press euro-area countries to do more to merit outside help when the world’s largest economies gather tomorrow.
Spain is pressing the EU to ease the country’s strict budget deficit target for this year, arguing that the European Union executive’s pessimism about the Spanish economy shows the risks of too much austerity.
Bailed-out insurer American International Group has reported a $19.8 billion profit for the fourth quarter, after an accounting change that allowed the company to record an enormous one-time benefit.
