EU leaders meet for economic summit
A pledge in September by the European Central Bank to buy unlimited quantities of bonds has steadied borrowing costs in some of the most vulnerable eurozone countries like Spain. And with negotiations still up in the air over providing more assistance to Greece, the focus of the EU meeting here is expected to be on making Europe’s economic union more cohesive. But that could prove a combustible topic for France and Germany. Agreement between the two is seen as vital to any steps that could ensure the survival of the eurozone.