EU ministers work on euro rescue plan

European Union finance ministers struggled Sunday to set up a rescue mechanism for financially troubled governments as they sought to contain a debt crisis and keep markets from targeting weaker eurozone members - and get it done before trading starts in Asia in a few hours.

Spanish Finance Minister Elena Salgado said the ministers were determined to safeguard the currency used by 16 of the EU's 27 member states, which has come under increasing pressure since the financial meltdown of one of its members, Greece. (AP)