Friday, July 22, 2011

Sick to Debt: Euro virus spreads as EU bickers in Brussels

From: RussiaToday | Jul 21, 2011

EU leaders have gathered in Brussels for an emergency summit, on how to come up with the cash promised for a second bailout to Greece. The heads of state are said to be considering a new bank tax to payroll Athens, and stave off a looming default. But with Italy and Spain now showing the first symptoms of the debt epidemic, there are fresh tensions between the attendees. Squabbles have already broken out, with Germany pessimistic about the summit, and France calling for bloc-wide unity. But as RT's Daniel Bushell reports, the in-fighting is continuing, while the Euro's future hangs by a thread.


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