The eurozone is still some way from agreement in these areas and G20 finance ministers urged policymakers to act.
Never have the summit rituals looked so hollow, for the G20 utterly failed to yield a solution to the eurozone crisis.
With each country going its own way and determining its own austerity measures, the eurozone lacks a unified response to the crisis.
Sharp divisions have emerged within Europe over how to deal with Greece's debt crisis on the eve of a summit that will be dominated by talks over the need to shore up confidence in the eurozone.
"Going forward, one of two things have to happen within the eurozone," added Tilford.
It has already been reported that eurozone retail sales shrank by 0.7% quarter-on-quarter in the third quarter.
Babis Papadimitriou, a journalist with the daily paper Kathimerini, says some Greeks conclude that the country would be better to default on its debt and leave the eurozone.
The second step would be to exit the eurozone, but in a manner that would be in the long-term interests of working people, not big business or banks.
But the bailout packages for the peripheral eurozone nations have in essence done just that.
Meanwhile the eurozone is poisoning itself with a cocktail of 18th-century ideas of responsibility and internal division.
It is widely held that the eurozone should join hands in self-remedy and implementing the consensus. We hope their consensus can be translated into action as soon as possible to alleviate the crisis.
It is the game Germany is playing so well in the eurozone.
Going by the official figures, joblessness in Spain is the highest in the eurozone, while two in five young people are out of work.
The second rescue plan garnered some hope of saving the eurozone from the abysmal crisis.
Any decision by the 16 countries in the eurozone to lend money to Greece would have to be unanimous, according to the text of the agreement, thus in effect giving Germany a veto.
The uncertainty could force Banks to hike interest rates — raising the risk of debt defaults among weaker eurozone countries.
Unlike America, which has accumulated huge foreign debts, the eurozone as a whole has a healthy external position.
The integrity of the eurozone has been considered sacrosanct by its core members throughout the long running European sovereign debt crisis.
ANOTHER domino has fallen in the eurozone debt crisis.
Cutting services and raising taxes will slow economic growth, making heavily indebted countries like Italy and the rest of the eurozone periphery more of a credit risk than ever before.
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