At a G20 summit in Mexico, world leaders have urged Europe to do everything within its power to tackle the eurozone debt crisis which was described as the “biggest single risk” facing the world economy today. Presenting a united front, world leaders present also pledged to act together in order to strengthen recovery and ease collective market tensions.

US President Barack Obama met with German Chancellor Angela Merkel to discuss greater European integration and the need to increase the speed of progress with regards to fiscal unity within the eurozone.