Ghost of Lehman Haunts G-7

Finance chiefs face calls to ramp up efforts to resolve debt crisis.

Europe’s finance chiefs face international calls today to accelerate efforts to contain their debt crisis as mounting bets on a Greek default highlight the biggest threat to the global economy.

As central bankers and finance ministers from the Group of Seven nations convene in Marseille, France, for their first face-to-face talks since they promised “coordinated action” Aug. 8 to calm financial markets, Europe’s failure to stamp out investor worries over sovereign debts are set to be the focus.

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