15 European countries that share the euro have agreed to guarantee interbank loans.

15 European countries that share the euro have agreed to guarantee interbank loans.France, Germany, Italy and "other countries" will unveil details their national bank plans tomorrow, the French president added.The head of the International Monetary Fund, Dominique Strauss-Kahn, said he supports the Eurozone's action plan, adding that it will probably be extended to the full European Union.It was a victory for Gordon Brown as European leaders backed his blueprint to stem the global financial turmoil.The Prime Minister praised the agreed measures - which are based on a £500bn UK bank rescue package that he announced last week - as the best way of restoring "confidence" to the shattered international system.A draft declaration from the 15 Eurozone countries tonight set out their intention to guarantee "for an interim period and on appropriate commercial terms" new debts caused by bank lending.The statement said the scheme would be "limited in amount", and individual nations will decide the level of their support.Portugal has already said it will offer a £20bn state guarantee for banks endangered by the crisis.France said it will make an announcement tomorrow on a proposed law to guarantee money in the country's banks.And Norway has promised £40bn of government bonds to encourage movement in the markets.Its government also announced that the Norwegian branch of ailing Icelandic bank Kaupthing would be placed under public administration.Germany has said it will not give any details of a rescue package for the country's banks before tomorrow.But German Chancellor Angela Merkel, has been quoted by the newspaper Bild am Sonntag as saying: "Only action by the state is capable of restoring the necessary trust.In the coming days... what I expect is that the reaction by the different institutions will be positive enough to unfreeze the different markets and to restore the necessary funding.Head of the International Monetary Fund on the future of world markets. "In this it is important that countries do not act unilaterally but that we co-ordinate at European and international level and then implement the measures within our national responsibilities."We are not doing it in the interest of the banks but in the interests of people."Mr Brown's attendance at a meeting of single currency members was unprecedented, and offered a golden opportunity to push his vision of co-ordinated global action.But after briefing fellow leaders, he played down his role in driving through the plan."No one country can solve a global problem on its own," he said."We are working together in Europe and across the Atlantic and around the world."