EU Sets 50% Greek Writedown, $1.4 Trillion in Crisis Fight

EU Sets 50% Greek Writedown, $1.4 Trillion in Crisis Fight

Geert Vanden Wijngaert/AP

From left, Sweden's Prime Minister Fredrik Reinfeldt, Czech Republic's Prime Minister Petr Necas, German Chancellor Angela Merkel, French President Nicolas Sarkozy and Slovenian Prime Minister Borut Pahor participate in a round table at an EU summit in Brussels.