G20 to consider cutting debt to well below 90 pct/GDP: Document

DUBLIN: Financial leaders of the world's 20 biggest economies will consider next week in Washington a proposal to cut their public debt over the longer term to well below 90 percent of gross domestic product, a document prepared for the meeting showed.

Christine Lagarde says IMF needs less new funds than thought

WASHINGTON: International Monetary Fund chief Christine Lagarde said Wednesday that the Fund probably needs less new money for crisis intervention than the $500 billion earlier anticipated, crediting action by the eurozone for the change.

France, Belgium back combining Europe's rescue funds: source

PARIS (Reuters) - France has Belgium's support for combining Europe's rescue funds in the face of German opposition, a source close to the French presidency said on Friday.