EU Leaders Will Speed Up Payments to Permanent Aid Fund

European leaders declared a turning point in the Greece-fueled debt crisis, shifting their focus away from the budget-cutting spree that has dominated two years of rescue operations.

With a second Greek aid package wrapped up and the euro region slipping into recession, the leaders committed to a pro-growth agenda that sits uneasily with a deficit-control treaty that was signed today at the 17th summit since the outbreak of the crisis.