Eurozone bites wider bailout bullet, but discord still reigns

Europe bit the bullet Monday with talk of boosting its debt rescue fund, but Greece was kept waiting for the return of auditors who have the keys to funds it needs to avoid default. The news followed intense debt diplomacy in Washington, where the IMF, the United States and other G20 economies pressured Europe to ring-fence bigger risks such as Italy, and prevent the world slipping into a fresh recession.