According to Catherine Bremer and Jan Strupczewski 2011, “The world’s leading economies pressed Europe on Saturday to act decisively within eight days to resolve the euro zone’s sovereign debt crisis which is endangering the world economy. In unusually direct language, finance ministers and central bankers of the Group of 20 major economies said they expected an October 23 European Union summit to “decisively address the current challenges through a comprehensive plan”.” Read more > http://www.reuters.com/article/2011/10/16/us-g-idUSTRE79C74G20111016