Warren Buffett, who bought about $2 billion in bonds of power company Energy Future Holdings Corp., said the investment is at risk of losing all its value after natural gas prices fell.

German Chancellor Angela Merkel

European Commission President Jose Manuel Barroso added his voice on Monday, saying he expected a decision on strengthening the euro zone's financial firewall during March, although not yet at an EU summit on Thursday and Friday.

But Merkel, whose country provides the lion's share of the emergency funds, first faces a tough vote in the Bundestag (lower house), which may force her to rely on the opposition to pass a 130-billion-euro ($175 billion) rescue program for Greece, its second since 2010.

" Billions for Greece — Stop!" Germany's best-selling newspaper Bild screamed across its front page.

" Don't go any further along this crazy path," it said, quoting leading economists who argue Greece would do better to default on its huge pile of sovereign debt and temporarily leaving the single currency.

Merkel will face a determined band of rebels from her own coalition when she opens the debate in the Bundestag at 3 p.m. (1400 GMT). The vote will take place a few hours later. Germany's parliament was almost certain to endorsed a  2nd Greek bailout, but Chancellor Angela Merkel was torn between domestic pressure to stop throwing good money after bad and global calls to boost Europe's crisis defenses.

teeth53      ( Date: 26-Feb-2012 12:50) Posted: http://www.cnbc.com/  (teeth53 thto: not me to said, even the Angmo is selling their headline  story) G20 Inches Toward $2 Trillion in Rescue Funds for Europe Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent further fallout from the euro zone debt crisis. teeth53      ( Date: 26-Feb-2012 10:05) Posted: http://sg.finance.yahoo.com/news/g20-inches-toward-2-trillion-011805264.html (Reuters) - Germany is easing its opposition to a bigger Euro bailout fund, smoothing the way for the world's leading economies to secure nearly $2 trillion (1.25 trillion pounds) in firepower to prevent further fallout from the euro-zone's sovereign debt crisis. Mexico City: This weekend meeting, finance leaders from Grp of 20 are trying to build up massive international resources by the end of April to convince financial mkts they can prevent the euro-zone's deep problems from inflicting more damage on a still-fragile world recovery. Since 2008 when the G20 mustered $1 trillion to rescue the world economy from the credit crisis, which blew up in the U.S. and caused the worst recession since the 1930s. It would mark their boldest efforts. They are demanding Euro build up its war chest 1st and other G20 countries would contribute extra money to the IMF. As Europe's richest economy, Germany's support for a larger European fund is critical. teeth53 thot:  Good news :),  mkt upside  risk liquidity is seen  coming Mon on STI and  Asian bourses.