The Finance Ministers from the G-7 countries are meeting in the French city of Marseille today looking for fresh ways to spur economic growth and calm the crisis in the world's financial markets. France has called for a co-coordinated response to the challenge.

President Obama's new proposals to stimulate job creation is likely to figure. The debt crises in the eurozone and United States and concerns about the health of European banks are also expected to dominate the meeting. The G-7 comprises the United States, Canada Japan, Germany, France, Italy and Britain.