"Do world leaders have the vision and the courage to do what it takes in the two key summits on which our future depends?" That of Brussels for the eurozone crisis and the Durban climate change conference.
Too big to fail – The Independent
A fiscal union of 23 countries. The ECB will control bailout fund.
Half-agreement on euro – La Stampa
"Merkel wants a EU-wide tax. Cameron defends British interests."
Partial agreement: strict fiscal rules for eurozone countries – Trouw
The ECB in Frankfurt has lowered interest rates by 0.25% and has ruled out buying up large amounts of sovereign debt.
ECB gives market hopes cold shower – Les Echos
Six out of German 13 institutions reviewed by the European Securities and Markets Authority (ESMA) are to be recapitalised for a total of €13bn.
German banks fail stress tests – Die Welt
European leaders are to discuss whether to approve Serbia's candidate status for EU membership. Germany, which is calling on Belgrade to make progress in normalising relations with Kosovo, will decide the vote.
51/49 for a "Nein" – Danas
"It's official: there's an economic crisis in Belgium." Third quarterly GDP fell by 0.1%, while the government expected it would be 0%.
40,000 jobs at risk because of the recession – De Morgen
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