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Austerity holidays: Euro leaders stay close to home

From telegraph.co.uk

US treasury secretary, Timothy Geithner, has travelled to Europe this week where he will meet with Germany's finance minister, Wolfgang Schaeuble, on the island of Sylt. The North Sea island, famed for its 40km sandy beach, might seem an unusual location for a pow-wow to discuss the spiralling debt crisis, but it is Mr Schaeuble's traditional holiday destination. Just off the German coast, near the Danish border, Sylt is the northernmost island of Germany and is known for its tourist resorts, particularly Westerland and Kampen. Mr Schaueble's holiday close to home reflects a move by other embattled eurozone leaders ... (full story)

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