NEWS

Euro leaders seek crisis fix as Greek talks drag on

European officials will forge ahead Monday with crafting a long-term plan to tackle the region?s debt crisis, as banking and government negotiators continue trying to reach an agreement that will lighten Greece?s debt burden.

European Union finance ministers will meet in Brussels to discuss new budget rules, a financial firewall to protect indebted states and a Greek debt swap, with EU leaders racing to cobble together a firm rescue response in the coming weeks. Meanwhile, cash-strapped Greece and private bondholders said they had made progress in talks over the weekend in Athens.

As investors ignored this month?s euro-area downgrades by Standard