Europe

Britain's relationship with Europe has been dealt a further blow as the nine European states who last night opted not to sign up to the new European treaty have had a change of heart.

Britain will sign up for fiscal discipline in the eurozone, but not at the expense of our industries or our independence, Prime Minister David Cameron has declared.

ON BONDS

ON ASSET ALLOCATION

Angela Merkel and Nicholas Sarkozy are set to meet today as political commentators warn Europe is entering the end game for the crisis, which must be resolved this week to save the euro.

ON EUROPE

It would make a change to write about something other than Europe, but with the world looking on at this dysfunctional continent, epitomised by having a German Pope and an Italian central banker, that is much easier said than done.

Eurozone leaders' failure to call for ECB intervention on the continent's debt crisis at a press conference yesterday caused the euro to fall to a seven week low against the dollar.

EUROPE ON THE BRINK

The ABI has warned Europe's biggest banks they could face a debt buyers' strike, amid an increasingly bitter feud over controversial changes to their bonds.