G20领导人呼吁团结和拯救欧元区

G20 leaders are now sending out strong messages, calling for unity to tackle the world's economic woes following the first day's meeting.

Chinese President Hu Jintao has been stressing cooperation, saying that China is going to maintain a position of balanced growth.

But he is also warning of economic consequences if emerging markets continue to be pressed to revalue their currencies and reduce exports.

Meanwhile, French President Nicolas Sarkozy is vowing to protect the euro zone.

"We cannot accept the break up of the euro as that would mean the break up of Europe. We need to ask the question only in this way: if the euro is the heart of Europe, would the break up of the euro lead to the break up of Europe?"

Sarkozy says the G20 leaders have shown a willingness to unite behind Greece by coordinating their economic policies.

He also describes the talks between himself and Greek Prime Minister George Papandreou as positive "electric shock therapy."

At the same time, German Chancellor Angela Merkel says the stability of the euro is a now an utmost priority.

"What counts for us is actions.　And action means that Greece must accept the decisions of October 27. And it is not quiet clear yet how that should happen. We will not get involved in the Greek interior politics, how this is meant to happen, but　it is important that (Greece) acts fast, and that has been stressed by all, that there will be a "Yes" to the decisions of October 27."

EU leaders are warning Greece that it won't get the next installment of its bailout money until it accepts the revised European bailout agreement brokered late last month.

That deal will see Greece get 130 billion euros in total.

It will also impose a 50% write-off on private holders of Greek debts, in return for highly-unpopular austerity measures.

In Athens, facing massive pressure from European leaders and calls for his resignation from within his own party, Papandreou says he is ready to drop his proposed referendum.

"Rejection of this agreement either because of a referendum, either because of elections, either because we would not have a parliamentary majority or because of a weakness in being able to carry out decisions, means an exit from the euro, it means an exit from the euro."

The opposition is calling for Papandreou to stand down and hold snap elections within six weeks.

Papandreou has made clear he will not resign, but will seek a confidence vote in parliament later on this Friday.

For CRI, I'm Su Yi.