(Photo by Andreas Rentz/Getty Images)
27 European Union leaders are meeting in Brussels today for their latest summit. Investors wait with baited breath to see whether EU leaders will finally take bigger steps towards fiscal union by enacting some burden-sharing measures, or whether they will once again leave troubled banks and countries to the whims of market angst.
The first working group of EU leaders will begin at 10:15 AM ET, but if this summit is like other important meetings we’ve seen in the last year, it could extend well into the evening.
While most of the important discussions are taking place behind closed doors, we’re covering all the latest rumors out of the summit bellow.
- Merkel buries euro bonds as summit tension rises (news.yahoo.com)
- EU looks for bold steps, but what about voters? (isthereanyfutureforgreece.wordpress.com)
- IMF chief says it is ready to help Cyprus (miamiherald.com)
- IMF Chief Says It Is Ready to Help Cyprus (abcnews.go.com)
- IMF approves €1.4bn Irish bail-out loan (telegraph.co.uk)