EU leaders try to convince markets over euro crisis

Press quote (Reuters)
Philip Whyte
13 June 2010

"Policymakers in the EU have been rumbled. They've regularly fallen behind the curve and their announcements have often been full of smoke and mirrors," said Philip Whyte of the Centre for European Reform think tank. "The markets don't see how the southern European states are going to get out of the predicament they are in."