G-20 summit looks to boost sluggish global economic recovery

Officially the summit will largely focus on one of the primary causes of the recovery's lethargy, a persistent weakness in the 17 countries that use the euro as their national currency.

Preparing for the meeting in the wake of parliamentary elections in Greece -- arguably the most troubled country in the eurozone -- White House officials expressed optimism that the new Greek government would remain committed to a solution that would keep the country in the European monetary union.

"As President Obama and other world leaders have said, we believe that it is in all our interests for Greece to remain in the euro area while respecting its commitment to reform," White House Press Secretary Jay Carney said in a statement responding to the election results.

A rocky election in Greece that would result in its departure from the eurozone was one of the greatest fears coming into the summit, and while that fear appears to have been averted for now, the United States still expects European leaders to lay out a plan for dealing with the effects of the distressed Greek economy moving forward.

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