The summit will prove a footnote

Commentary feature on the outcome of the European Council, Brussels, 8-9 December 2011, at which EU leaders except for the United Kingdom agreed on a new treaty to tighten fiscal discipline in the eurozone and address the bloc's debt problems.

Writer argues that the outcome is probably not as historic as some are suggesting - more like one act in a drawn-out melodrama that still threatens to turn into a tragedy for the European project and the euro.

ESO: Background information: Eurozone countries sign-up to closer ties http://www.europeansources.info/record/eurozone-countries-sign-up-to-closer-ties/

ESO: Background information: Cameron’s catastrophic decision on EU http://www.europeansources.info/record/camerons-catastrophic-decision-on-eu/

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