EU delays euro fix after deal on Greece, banks | Bangkok Post: news

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EU delays euro fix after deal on Greece, banks

Europe's leaders on Friday pushed back radical moves to fix faults in the euro at the final summit of a crisis-hit 2012 that saw much-trumpeted deals to save Greece and monitor big banks.

British Prime Minister David Cameron (L) and German Chancellor Angela Merkel at EU Headquarters in Brussels on December 14, 2012. Europe's leaders on Friday pushed back radical moves to fix faults in the euro at the final summit of a crisis-hit 2012 that saw much-trumpeted deals to save Greece and monitor big banks.

At the close of a year that saw Greece near bankruptcy and a eurozone exit, with the crisis spreading to Spain and Italy, leaders were keen to look forward after releasing funds for Athens and agreeing to keep a close eye on big banks.

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