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The move comes after a weekend in which the International Monetary Fund (IMF), the World Bank, the G7 group and the wider G20 called for urgent action to prevent economic collapse.
Under the 13-point plan, the European Central Bank will boost liquidity by intervening in the financial turmoil, reports the Guardian.
The package, put together by British prime minister Gordon Brown, deals with three core issues: liquidity support, inter-bank lending guarantees and recapitalisation of distressed banks.
Mr Brown commented: "This is an important day for Europe [...] I believe there is common ground. Europe is ready to take action and restore trust."
The eurozone consists of Germany, France, Italy and 12 other countries. Although the UK does not use the euro currency, the country was still represented in key talks at an emergency summit in Paris.
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