Last week’s summit was heralded as one of the most important in the history of the European Union. EU leaders were keen to agree to a deal which would help them to avoid a repeat of the 2007-8 debt crisis. The 17 members of the eurozone, along with six other countries have signed up to a eurozone pact – an inter-governmental agreement as
There is a crucial meeting on Friday. The meeting will determine the future path of the eurozone, the European Union as a whole and the world economy. The meeting is a summit of EU leaders and important decisions have to be made. It has been called the ‘last chance’ to solve the eurozone crisis, though these last chances are, in reality, rarely final (note: there have been at least four ‘final solutions’ to the crisis so far, through rescue packages and other negotiations).