World leaders papered over their differences after clashing over the eurozone debt turmoil, deferring concrete decisions to other meetings amid worries about another global crisis.
The Group of 20 advanced and developing economies, after a two-day summit, pushed European nations to integrate their banking systems quickly to calm the financial turbulence hitting Spain and threatening to ricochet around the world.
But the gathering produced no acceleration in the timeline for financial integration, such as guaranteeing bank deposits across the 17-nation currency union. European leaders meet again late next week to discuss their road map, which could take months to develop and years to implement.
The leaders floated a number of ideas for deploying the eurozone's rescue fund in different ways to control mounting threats to Italy and Spain, the third- and fourth-largest members of the currency union. European officials welcomed an expansion of resources at the International Monetary Fund, the world's emergency lender. Eurozone officials started pushing that fund-raising effort late last year in hopes the IMF could help contain the fallout from Europe's crisis.
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