G20 financial leaders see a ray of hope to end debt crisis

Full Story:  News.XinhuaNet

Paris over the weekend found financial leaders of the G20, sitting together and working out plans and strategies to bailout Europe for its debt crisis. The communique issued at the end of the meeting read, "We welcome the adoption of the ambitious reform of the European economic governance and the completion by the euro area countries of the actions necessary to implement the decisions taken by the Euro Area leaders on 21 July 2011 to increase the capacity and the flexibility of the EFSF." 

Read full story for the outcome of the meeting..

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