ENDA KENNY would love it to appear that he has been flexing his muscles in Brussels, but the tragedy for him is that his position is weak and all that anyone really cares about are the Greeks.

GERMANY’S right wing Chancellor Angela Merkel once again got her way on how the EU should deal with the financial crisis at a two-day summit that agreed a treaty change.

European leaders have agreed to consider making changes to the Lisbon Treaty to protect the Euro in a financial crisis, in a plan unveiled late last night at a summit in Brussels.

EUROZONE finance ministers have agreed to the EU tightening its grip on member states’ annual budgets, checking that the spending and deficit targets are in line with its rules.

The cost of borrowing for Greece on international markets has hit the highest level ever recorded in the eurozone after its credit rating was downgraded yesterday.