Davos, the EU Summit and the Euro Crisis

EU leaders will be holding a summit on Monday, with the Euro crisis, particularly the situation in Greece, dominating the talks:  http://www.bbc.co.uk/news/world-europe-16766225


Last week politicians, economists and celebrities had their annual gathering in Davos, Switzerland.  The Euro Crisis was high on the agenda as reported by Bloomberg Business Week:  Davos and EU Summit


A German official floated the idea of Greece giving up control over it's budget: 

Germany suggests that Greece should give up control over budget to EU

But Greece appears to be on the verge of clinching a deal with its creditors:  http://www.reuters.com/article/2012/01/28/greece-idUSL5E8CS06020120128

In another interesting development, Angela Merkel has said she will "actively support" French President Nicolas Sarkozy's bid for re-election:  http://in.reuters.com/article/2012/01/29/france-germany-election-merkel-idINDEE80S04J20120129