Welcome to our live coverage of the eurozone crisis, compiled by John Aglionby and Esther Bintliff on the world news desk in London with contributions from correspondents from around the world. All times are London time. The blog should update every few minutes.
The optimisim of last week that European leaders were on top of the eurozone’s debt crisis and would deliver a comprehensive solution at a summit in Brussels this weekend is waning. Significant differences remain on the three key items – a second bail-out for Greece, recapitalising Europe’s banks and finding a mechanism to leverage the eurozone’s €440bn rescue fund.