Heads of state and government from the 27 European Union states gather from today from 3:00 pm (1400 GMT) in Brussels, with Belgium on strike against further spending cuts envisaged after yet another credit rating downgrade.
For once, there is no need for "crisis" adjectives -- the rhetoric on Europe has changed much in the two years since the scale of the problems in Athens threw the eurozone into political chaos. "Imminent, very, very soon," was how senior EU sources described on Sunday night the prospect of agreement on the conditions required to underpin a fresh willingness to fix a new international bailout.
At the summit, leaders want to focus on new treaty obligations for minimal deficits -- in theory, ending ever-rising government debt -- plus the legal framework for a rescue fund dubbed a financial "firewall."
EU-Digest
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