Greece crisis talks: the July weekend that saved the euro but broke the EU?

From the Balkans to the Baltic the marathon talks have carved deep divisions within the EU and left intense unease about Germany's increasingly raw power

For all the leaders involved, the past two days in Brussels will be hailed as the 48 hours that saved the euro. For many others from the Balkans to the Baltic, the brutal power plays pitting European leaders one against the other will signal instead the great damage being done to the single currency. And if historians are ever required to write the obituaries for Europe's monetary union, they are likely to conclude that a weekend in July 2015 was the point when the serious illness afflicting the euro turned terminal.

There were no signs of joy in Brussels on Monday morning when leaders emerged bleary-eyed and exhausted from a draining 17-hour summit that ran from Sunday afternoon through the night into Monday morning. It was believed to be the longest continuously sitting summit ever, preceded directly by five hours of eurozone finance ministers meeting on Sunday and nine hours on Saturday.

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