The leaders of the world's major economies embarked on the final day of the G20 summit determined to kickstart growth and pull the eurozone back from the brink of disaster.

European members gathered on Tuesday were under extraordinary pressure from their international counterparts to loosen their austerity programs and to allow the European Central Bank to open the lending floodgates.

Germany's Angela Merkel, the driving force behind the eurozone's austere determination to privilege deficit busting over stimulus spending, has publicly stood her ground, although US officials say her position is softening.

A draft version of the G20 final statement, which was to be finalized and published by the leaders on Tuesday, suggested that a form of words would be found that would commit the leaders to a pro-growth agenda.

http://www.aljazeera.com/news/americas/2012/06/201261913237154579.html