Welcome to our continuing coverage of the eurozone crisis. All times are London time. This post should update every few minutes, but it may take longer on mobile devices. By John Aglionby and David Crouch on the world news desk in London, with contributions from FT correspondents around the world.
José Manuel Barroso, the European Commission president, has set out his bank recapitalisation plans, while the temperature is rising for Silvio Berlusconi after he lost a parliamentary vote last night, and Slovakian politicians are plotting their next moves after blocking the expanded eurozone rescue fund. Read more