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In pictures: G20 leaders arrive in Cannes

World leaders were all smiles as they arrived in France Thursday morning

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A policeman stands guard by a G20 board on Thursday during the G20 Summit of Heads of State and Government in Cannes, France. The leaders of the world's most powerful economies met for a two-day summit to confront a European debt crisis that threatens to plunge the global economy into renewed recession.

SEBASTIEN NOGIER/AFP/Getty Images/Sebastien Nogier/AFP/Getty Images

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French President awaits the arrival of the rest of the G20 leaders in Cannes. Debate at the summit is expected to revolve around the euro zone debt crisis and Greece's bailout. Late Wednesday night, Sarkozy and German Chancellor Angela Merkel issued debt-laden Greece with an ultimatum to either accept the bailout or face bankruptcy.

Dan Kitwood/Getty Images/Dan Kitwood/Getty Images

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Sarkozy was all smiles as he welcomed Cristina Fernandez de Kirchner, President of Argentina, to the two-day summit in Cannes.

Dan Kitwood/Getty Images/Dan Kitwood/Getty Images

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Indonesia President Susilo Bambang Yudhoyono arrives in Cannes.

Dan Kitwood/Getty Images/Dan Kitwood/Getty Images

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United States President Barack Obama arrives in Cannes.

Stefan Rousseau/Reuters/Stefan Rousseau/Reuters

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Turkish Prime Minister Recep Tayyip Erdogan is welcomed to the G20 summit by Sarkozy.

Dan Kitwood/Getty Images/Dan Kitwood/Getty Images

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South African President Jacob Zuma is welcomed to Cannes. “The first thing is for Europe to get its act together so we have a clear picture of what Europe is proposing,” Mac Maharaj, a spokesman for President Zuma, told The Associated Press. “We are very interested in a solution and we believe the solution is overdue.”

Dan Kitwood/Getty Images/Dan Kitwood/Getty Images

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Mexican President Felipe Calderon arrives for the G20 summit.

JEWEL SAMAD/AFP/Getty Images/JEWEL SAMAD/AFP/Getty Images

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Sarkozy welcomes Dilma Rousseff, President of Brazil, to Cannes for the G20 Summit.

Dan Kitwood/Getty Images/Dan Kitwood/Getty Images

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Sarkozy welcomes United Arab Emirates foreign minister Sheikh Abdullah bin Zayed al-Nahayan to Cannes.

Jewel Samad/AFP/Getty Images/Jewel Samad/AFP/Getty Images

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Sarkozy and British Prime Minister David Cameron share a laugh as Cameron arrives in Cannes for the G20 summit.

Jewel Samad/AFP/Getty Images/Jewel Samad/AFP/Getty Images

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Canadian Prime Minister Stephen Harper chats with Christine Lagarde, president of the International Monetary Fund, upon his arrival in France.

KEVIN LAMARQUE/Reuters/KEVIN LAMARQUE/Reuters

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Microsoft Corp. founder Bill Gates is scheduled to present his plans for world development to the G20 leaders Friday morning in Cannes.

KEVIN LAMARQUE/Reuters/KEVIN LAMARQUE/Reuters

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U.S. President Barack Obama chats wtih Brazil's President Dilma Rousseff as G20 leaders arrive in Cannes for the summit of major world economies.

CHARLES PLATIAU/Reuters/CHARLES PLATIAU/Reuters

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Italian Prime Minister Silvio Berlusconi has been in hot water lately, too, as his government is likely to face a confidence vote in the next month. The likelihood of an Italian debt crisis has been mounting.

KEVIN LAMARQUE/Reuters/KEVIN LAMARQUE/Reuters

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President Obama is seen checking out Prime Minister Harper's poppy lapel pin as the G20 leaders gather for the traditional family photo.

Charles Dharapak/AP/Charles Dharapak/AP

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(L-R) Russia's President Dmitry Medvedev, German Chancellor Angela Merkel, U.S. President Barack Obama, Indonesian President Susilo Bambang Yudhoyono and Indian Prime Minister Manmohan Singh mingle as leaders gather for the traditional family photo.

PHILIPPE WOJAZER/Reuters/PHILIPPE WOJAZER/Reuters

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Family photo time: The leaders of the Group of 20 major world economies and their invited guests.

KEVIN LAMARQUE/Reuters/KEVIN LAMARQUE/Reuters

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French President Nicolas Sarkozy indicates to leaders it is time to leave as United States President Barack Obama waves during the family photo.

Adrian Wyld/The Canadian Press/Adrian Wyld/The Canadian Press

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French President Nicolas Sarkozy tears up some papers as he waits talks to start.

CHARLES PLATIAU/Reuters/CHARLES PLATIAU/Reuters

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President Obama is seen reading over his notes prior to the start of a second round table meeting.

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Stephen Harper chats with Russian President Dmitry Medvedev prior to the start of G20 talks in Cannes.

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Japan's Prime Minister Yoshihiko Noda takes his seat at the G20 summit of major world economies in Cannes.

KEVIN LAMARQUE/Reuters/KEVIN LAMARQUE/Reuters

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