Euro area finance ministers meeting in Brussels on Monday evening (17 May) failed to make much headway on the detailed operation of the recently agreed €750 billion support mechanism, as tensions grow amid perceptions of continued German foot-dragging.
The euro's continued slide provided the backdrop to the late-night meeting, with the single currency dipping to a four-year low against the dollar in trading yesterday, before recovering slightly.
Arriving to chair the meeting in B...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login