Greece frozen out of EU summit debates

The nightmare of EU leaders gathered for Thursday’s crucial summit in Brussels is not the deadlock in a tug-of-war between North and South over a roadmap towards “genuine” fiscal and banking union backed by some form of Eurobonds, which Berlin vehemently rejects.

The real horror, according to Wednesday’s article by Reuters is a possible failure of the next Spanish bond auction that would prompt “solvency worries to Italy and (...)

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