PARIS (AP) — The world’s stock markets rebounded slightly Tuesday on hopes that governments are looking at fresh efforts to solve Europe’s debt crisis.

Finance ministers and central bank governors from seven of the world’s most industrialized powers held an emergency conference call Tuesday to discuss the crisis hitting the 17-countries that use the euro. After the G7 call, the U.S. Treasury Department said that the finance officials agreed to keep monitoring developments closely in the run-up to a leaders’ summit of the Group of 20 major economies on June 18-19 in Los Cabos, Mexico.

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