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US President Barack Obama speaks while standing in front of a monitor with a countdown message about the payroll tax extension December 20, 2011 during a previously unannounced appearance in the Brady Briefing Room of the White House in Washington, DC. Obama on Tuesday warned the 'fragile' US economy could be impacted by a failure to extend a payroll tax cut, and called on Republicans to reverse their refusal to act now.

International Monetary Fund (IMF) Deputy Director Europe Poul Thomsen arrives on December 12, 2011 at the Greek Finance Ministry in Athens for a meeting with Finance Minister Evangelos Venizelos. Greece was on December 12 to hold tightrope talks with its international creditors and debt holders on the application of a new eurozone bailout designed to alleviate the country's huge loan repayments. Greek reports said the mission representatives from the eurozone, ECB and IMF, or troika, were also expected to discuss a new tax code to be put to parliament by next month and a private sector pay freeze to cut operating costs.

US President Barack Obama speaks on the economy and an extension of the payroll tax cut at Osawatomie High School December 6, 2011 in Osawatomie, Kansas.

US President Barack Obama and Health Secretary Kathleen Sebelius, a former Kansas governor, step off Air Force One December 6, 2011 upon arrival in Kansas City, Missouri. Obama was headed to Osawatomie, Kansas to speak on the economy and an extension of the payroll tax cut.

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