Three years after going cap in hand to international lenders, Ireland has officially ended its bailout, providing a landmark for the euro zone`s efforts to resolve its debt crisis.
The euro zone finance ministers on Saturday reached a deal on a 10 billion-euro (13 billion dollars) financial rescue package for debt-stricken Cyprus to avert a bankruptcy.
British Prime Minister David Cameron is reported to have advocated a single government for the euro zone if it has to be successful and work properly.
Italy is the third biggest economy in the euro zone and its political woes and debt worries are seen as a huge threat.
The Greek government said the referendum would take place as soon as possible on a European Union debt bailout deal.
Greek unions began a 48-hour general strike on Wednesday, the biggest protest in years.
Banks must provide sufficient credit and governments in the euro zone must reign in public finances to support a global economic recovery in 2010, the president of the European Central Bank (EBC) said on Sunday.
Day in Pics: 22nd December
Showbiz World - December 22, 2014
Sunny Leone with Mastizaade