Business News in Brief
'Critical' danger
BRUSSELS - The eurozone is in "critical" danger but can restore credibility with speedy moves towards a banking union, some form of pooled debt and if the European Central Bank pumps in more cash, the IMF says.
Merkel optimistic
BERLIN - German Chancellor Angela Merkel says she's "optimistic" but can't be certain the "European project" will work.
$142b boost
LONDON - Bank of England policymakers recently voted 7-2 in favour of pumping out another $142billion of new cash to help Britain's recession-hit economy, minutes show.
Recession lift
WASHINGTON - Chairman Ben Bernanke has told Congress that the Federal Reserve's efforts to bolster growth have helped lift the US economy out of recession.
Market recovery
WASHINGTON - US builders broke ground on most new homes and apartments in nearly four years last month.