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The Euro Crisis Odyssey, Four Years and 19 Summit Meetings Later

- 2012-09-10T14:26:17Z

Photograph by Eric Feferberg/AFP/Getty Images

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December: "Fiscal Compact"

Dec. 9: Leaders complete all-night talks in Brussels on a "fiscal compact," sparking a split with Britain. Euro governments add 200 billion euros to their crisis-fighting war chest, tighten rules to curb future debts and speed the start of a 500 billion-euro permanent rescue fund to next year. Draghi welcomes the decisions, without signaling any willingness to step up bond purchases.

Left, European Council President Herman Van Rompuy and German Chancellor Angela Merkel.

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