European finance chiefs return to Brussels today on a mission toconvince global leaders that they can shield countries such asItaly and Spain from the spreading debt crisis by bulking out theirbailout fund.

As political turmoil envelops governments in Athens and Rome,finance ministers from the 17-member euro area will work on thedetails of plans to increase the muscle of the European FinancialStability Facility. Leveraging the fund would aim to ramp upspending capacity to 1 trillion euros ($1.4 trillion).

European leaders' failure to resolve the two-year-old debtcrisis threatens to drag down the global economy and triggeranother financial downturn. World leaders at a Group of 20 meetinglast week demanded euro governments do more to staunch the turmoil— including fleshing out how an expanded EFSF would work — beforethey commit fresh cash to the region.

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