Leaders are racing against the clock to find a solution for Europe’s massive debt crisis. But it’s an uphill battle.
European Union and eurozone officials called off Wednesday’s meeting with finance ministers on finalizing a plan to strengthen European economies against the deepening debt crisis.
The ministers had hoped to announce the plan prior to today’s summit meeting.
But leaders cannot agree on two key elements: reducing Greece’s debts and strengthening Europe’s bailout fund.
Source: CBN News