IMF warns Europe not to ease up in debt battle

An infusion of hundreds of billions of dollars will give the International Monetary Fund a badly needed boost to tackle Europe's prolonged debt crisis. But global finance officials sent a strong message Saturday that struggling governments must speed reforms or risk spooking jittery markets and raising the economic danger.

The lending agency said in a statement after its weekend meetings that financially-strapped European countries must put in place bold changes to resolve their debt problems. (AP)