Euro nations want lower interest rate on exchanged Greek bonds.

Latest draft includes stiffer rules for big budget deficits.

Latest draft includes stiffer rules for big budget deficits.

Merkel says European rescue fund should be last resort.

Merkel says European rescue fund should be last resort.

IMF official urges 'cross-border' efforts to shore up European banking sector.

IMF official urges 'cross-border' efforts to shore up European banking sector.

Ministers reject Geithners plea to increase size of rescue fund