‘The single biggest risk to world economy’: World focuses on Europe as G20 leaders urge more action on financial crisisBut President of European Commission says crisis originated in U.S.David Cameron among leaders pressuring Germany to take decisive action towards fiscal unionIMF to pump further $456bn (£290bn) into euro crisis war chest By Chris Parsons Published: 13:09 GMT, 19 June 2012 | Updated: 20:13 GMT, 19 June 2012 e-mail 102 View World leaders at the G20 summit have focused their attention on Europe, as efforts continue to resolve the financial crisis branded ‘the single biggest risk for the world economy’.David Cameron was among those pushing for ‘core’ eurozone states like Germany to take decisive steps towards the fiscal and banking union which will help the euro function properly.The Prime Minister’s calls came after the financial crisis sweeping Europe was described as ‘the single biggest risk for the world economy’.Scroll down for video David Cameron was among the world leaders at the G20 summit pushing for ‘core’ Euro states like Germany to find fiscal and banking union to help stabilise the eurozone However, the President of the European Commission attacked critics of the of the eurozone’s crisis management, declaring that the crisis… Read full this story
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