Eurozone on the brink of turmoil

Europe is set for a restless summer as the slumbering financial crisis reawakens. Luke Baker looks a problem that refuses to go away.

Eurozone on the brink of turmoil

A TEETERING Portuguese government has underlined the threat that the eurozone debt crisis, in hibernation for almost a year, may be about to reawaken.

From Greece to Cyprus, Slovenia to Spain and Italy, and now most pressingly Portugal, where the finance and foreign ministers resigned in the space of two days, a host of problems is stirring after 10 months of relative calm imposed by the European Central Bank.

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