Daily: Already backtracking on European summit details

Daily commentary: Europe

Today's links are in multiple parts because I haven't posted since Thursday. The biggest news is that the EU is already backtracking on the Euro summit deal that decoupled the sovereign-bank tie which had been causing Spanish and Italian yields to rise. And predictably, Spanish and Italian yields have risen once more. On Thursday, I wrote that Ireland is the biggest winner from last European summit, largely because of the decoupling of banks and sovereigns that Europe...


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