dont read jon 
5:44 AM Greece should exit the euro, according to Andrew Tyrie, chairman of the U.K.'s Treasury Select Committee. In a well-received speech last night, Tyrie said the current lull in the eurozone crisis should be used to craft a permanent exit for Greece. He also called for the IMF to bolster its war chest while "getting tough" with the eurozone.
5:44 AM Greece should exit the euro, according to Andrew Tyrie, chairman of the U.K.'s Treasury Select Committee. In a well-received speech last night, Tyrie said the current lull in the eurozone crisis should be used to craft a permanent exit for Greece. He also called for the IMF to bolster its war chest while "getting tough" with the eurozone.
- 4:01 AM EU ministers may freeze €495M ($651M) in development aid to Hungary after the country failed to narrow its budget deficit in a "sustainable" manner. The move, up for vote today, would affect 29% of Hungary’s share of so-called EU cohesion funds. Comment!
- EWP
3:57 AM Spain's self-declared deficit target of 5.8% of GDP "is dead," says Eurogroup chief Juncker, as European finance ministers reach an accord with Spain to cut an additional 0.5% of GDP out of the 2012 budget. Spain still says it will hit the eurozone's 3% limit in 2013.
