Daily Archives: February 21, 2012

Welcome back to our continuing coverage of the eurozone crisis.

After more than 13 hours of talks, a second bail-out for Greece was agreed early on Tuesday morning. We’ll be bringing you reaction to the deal throughout the day. All times are GMT. By John Aglionby and Tom Burgis on the news desk in London.

15.45: Stanley Pignal, of our Brussels bureau, on how Jean-Claude Juncker  tries to keep the mood jolly with a rolled up FT.

Jean-Claude Juncker, chair of Eurogroup, used a lethal weapon to slap Swedish fin min Anders Borg: a rolled up #FT. http://t.co/lqu1jea5 #EU 

@spignal 

Stanley Pignal

15.30: FT video with Martin Wolf and John Authers looks at whether the package can possibly work, while Lex writers ask anyone would invest in Greece.

15.17: Markets update – they’re still in negative territory, reports Stephen Smith, of the FT’s markets team.

 Read more

Greece's Lucas Papademos, flanked by Greek and French finance ministers, at Monday's meeting.

The 10-page Greek debt sustainability report that we obtained Monday night is filled with very sobering conclusions that we highlighted in our news story that’s now up on the web.

But the document – prepared by analysts in the so-called “troika” of international lenders, the European Central Bank, European Commission, and International Monetary Fund – is filled with so much interesting data, that we thought we’d give it further airing here at the Brussels Blog.

The report, marked “strictly confidential” and dated February 15, starts with a page-long summary that includes arguably the most revealing paragraph in the entire document: Read more