The World From Berlin EU Summits 'Won't Rescue Euro, Will Only Buy Time'

The EU crisis meetings now underway will at best buy time for the bloc to start tackling its debt problems in earnest. The euro needs fiscal union to survive in the long term -- but how will leaders ever forge such a union if they can't even agree on the most urgent firefighting measures, German commentators ask?
German Chancellor Angela Merkel and French President Nicolas Sarkozy during a joint press conference in Brussels on Sunday: "The dispute gives a taste of how difficult it will be to develop the EU into a 'political union.'"

German Chancellor Angela Merkel and French President Nicolas Sarkozy during a joint press conference in Brussels on Sunday: "The dispute gives a taste of how difficult it will be to develop the EU into a 'political union.'"

Foto: ERIC FEFERBERG/ AFP
Photo Gallery: Euro Zone Leaders Tackle Crisis At Marathon Summit
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Photo Gallery: Euro Zone Leaders Tackle Crisis At Marathon Summit

Foto: dapd
-- David Crossland