Propping up the eurozone

The latest EU summit was billed as a game-changer in tackling the financial crisis but there is a lot of horse trading to be done before a full assessment can be made, writes business correspondent John Walsh

THE latest EU summit was hailed as a “game-changer” in the eurozone’s efforts to find a comprehensive solution to the financial crisis.

Taoiseach Enda Kenny told the Dáil last week that “significant progress “had been made in Ireland’s efforts to restructure the banking sector and break the link between banking and sovereign debt. But following the meeting of eurozone finance ministers on Monday, it is still unclear what it all means for Ireland.