EU Summit: Last-chance Saloon for Eurozone Project

EU Summit: Last-chance Saloon for Eurozone Project

This week’s EU summit is being seen as the last chance for the eurozone. But as European leaders make a final bid to save the single currency, critics say the two-day talking shop is about as useful as rearranging chairs on a sinking ship.

­The summit, which will take place on Thursday and Friday in Brussels, will bring together the leaders of EU countries for emergency talks aimed at pulling the region out of its financial nose-dive.

“The members that have become part of the eurozone project are very much different from each other and cannot provide for a common homogeneous currency space,” says German Free Democratic Party MP Frank Schaeffler.

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