Euro Chiefs Put Back Crisis Summit Amid Greek Writedown Tension
This article is for subscribers only.
European leaders pushed back a debt-crisis summit amid tensions between Germany, France and the European Central Bank over possible deeper-than-planned writedowns of Greek bonds.
The planned Oct. 18 meeting was postponed to Oct. 23 as Europe gropes toward dealing with Greece’s oversized debt, insulating the Spanish and Italian markets, and shielding banks from the fallout.