European leaders work on consensus

BRUSSELS - European leaders are busy ironing out their differences regarding the containment and spillover prevention of the sovereign debt crises and banking turmoil as they head toward their summit on Oct 23 and the Group of 20 leaders gathering in early November.

EU leaders are expected to discuss the further bailout of Greece, funding of the European Financial Stability Facility (EFSF) and banking crisis prevention.

The talks come after Sunday's meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy.