{"id":28903,"date":"2011-10-23T03:04:24","date_gmt":"2011-10-23T03:04:24","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/eurozone_summit_-_despair_and_backbiting_in_the_corridors_of_power\/"},"modified":"2011-10-23T03:04:24","modified_gmt":"2011-10-23T03:04:24","slug":"eurozone_summit_-_despair_and_backbiting_in_the_corridors_of_power","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=28903","title":{"rendered":"Eurozone summit &#8211; despair and backbiting in the corridors of power"},"content":{"rendered":"<p>Just when the eurozone governments thought it could not get worse for Europe&#8217;s single currency, it did.<\/p>\n<p>Shell-shocked EU finance ministers meeting in Brussels on Saturday were already reeling from the worst Franco-German rift for over 20 years and a fractious failure to resolve the problems that have brought Greece, and the euro, close to the brink.<\/p>\n<p>But then a new bombshell hit as a joint report by the EU and the International Monetary Fund (IMF) warned that, without a default, the Greek debt crisis alone could swallow the eurozone&#8217;s entire \u00e2\u201a\u00ac440 billion bailout fund &#8211; leaving nothing to spare to help the affected banks of Italy, Spain or France&#8230;.<\/p>\n<p><a href=\"http:\/\/www.telegraph.co.uk\/news\/worldnews\/europe\/belgium\/8843652\/Eurozone-summit-despair-and-backbiting-in-the-corridors-of-power.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just when the eurozone governments thought it could not get worse for Europe&#8217;s single currency, it did. Shell-shocked EU finance ministers meeting in Brussels on Saturday were already reeling from the worst Franco-German rift for over 20 years and a<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=28903\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,460,595,592,149,199,591,200,590,144,468,478,454,325,448,151,458,446,585,596],"tags":[],"class_list":["post-28903","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-european-sovereign-debt-crisis-of-2010","category-credit-markets","category-currency-markets","category-economy","category-england-uk","category-euro","category-europe","category-european-central-bank","category-foreign-relations","category-france","category-germany","category-greece","category-ireland","category-italy","category-politics-in-general","category-portugal","category-spain","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28903"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/28903\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}