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EU summit to give cool response to bail-out calls

From uk.reuters.com

Appeals for a bail-out of Europe's weakest economies will face a cool response at an EU summit on Sunday, with those seeking aid likely to be told they must also put their finances in order. Officials played down chances of European leaders taking any decision on Hungary's call for a 180-billion-euro ($228 billion) aid package for central and eastern Europe, whose currencies have taken a battering as the economic outlook worsens. The three-hour meeting in Brussels instead risks presenting to voters and world markets the image of a 27-nation bloc too paralysed by internal differences to tackle a financial crisis which ... (full story)

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