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The world's leading economies worked on Sunday to line up a deal in April on a second global rescue package worth nearly $2 trillion to stop the euro-zone sovereign debt crisis from spreading and putting at risk the tentative recovery.
Germany said it would make a decision some time in March on strengthening Europe's bailout fund, a move other Group of 20 countries say is essential to clear the way for throwing extra funds into the International Monetary Fund.
The twin proposals would build up massive international resources by the end of April - when the G20 group next meets - and convince financial markets they can stem the euro-zone's deep problems.
It would mark their boldest effort since 2008, when the G20 mustered $1 trillion to help rescue the world economy.
http://in.mobile.reuters.com/article/businessNews/idINDEE81N0GP20120226
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